Tesla's Model 3 Sales In China For April Look Ugly

“There’s this place called Shanghai…”

…those were the famous words of Tesla CEO Elon Musk when he was asked on a conference call several quarters ago about how he planned to reach impossible robust 2019 production and sales targets set for his company. At the time, China was heralded as the answer to all of those problems but now, amidst a lack of capex and a global auto recession where EVs in China were thought to be the silver lining, it looks as though for Tesla, Chinese demand has so far remained a promise unfulfilled.

Using data from Gasgoo and its reporting of CPCA individual model sales for April, the month was not a good one for Elon Musk’s plan to bet it all on China, according to Forbes contributor Jim Collins

According to Collins’ writeup, after “glitches” with Model 3 deliveries in March, including an inaccurate sticker mixup that caused delays at customs, all eyes were on April to act as a litmus test to how Tesla was really selling in China.

But the problem is that for April, the Model 3 doesn’t even show up on Gasgoo’s list of the top selling NEVs in China. The last model on the list, JAC’s iEV6E, sold 3,002 units for the month of April, leading us to the logical conclusion that Tesla didn’t even sell 3,000 Model 3s in China.

Forbes reached out to Tesla for comment on that relatively obvious conclusion, but hasn’t heard back. According to the same article,

Keep reading this article on Zero Hedge - Blog.

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