Group 1 - Tesla China announced a price reduction of 10,000 yuan for the Model 3, reversing a previous price increase due to sales pressure [1] - In the first seven months of this year, Tesla China's retail sales totaled 304,000 units, a year-on-year decline of 6.3%, making it the largest decline among the top ten new energy vehicle manufacturers [3] - The Model 3's retail sales in July were only 9,851 units, with a total of 94,000 units sold in the past six months, accounting for 31% of Tesla China's total sales [3] Group 2 - Tesla's Model 3 long-range rear-wheel-drive version price was reduced from 269,500 yuan to 259,500 yuan, a decrease of 10,000 yuan, shortly after its launch [4] - In the EU market, Tesla faced a significant decline, with sales dropping over 40% in July, marking the seventh consecutive month of decline [6] - In the U.S. market, Tesla's sales were 271,600 units in the first half of the year, a year-on-year decline of 11%, with market share dropping from 50.1% to 44.7% [7] Group 3 - Tesla's total revenue for Q2 was $22.496 billion, a year-on-year decrease of 12%, falling short of market expectations [7] - To counteract sales pressure, Tesla is attempting to increase volume by lowering prices, as seen with the Model Y L priced at 339,000 yuan [8] - CEO Elon Musk announced plans to launch a "budget car," a new version of the Model Y, by the end of 2025 [9]
Model 3上市即降价!7月单车型仅售9851辆