• Send Us A Tip
  • Calling all Tech Writers
  • Advertise
Sunday, May 18, 2025
  • Login
  • Register
TechStory
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to
No Result
View All Result
TechStory
No Result
View All Result
Home Tech Automobiles

Tesla China’s sales increasing with over 100K deliveries in November

by Meghana Kandra
December 5, 2022
in Automobiles, Cars, Electric Vehicles
Reading Time: 2 mins read
0
Tesla bulls urge Musk comment amid claims of lower production, weak demand in China
TwitterWhatsappLinkedin

Tesla China’s November sales show the company’s presence in China is increasing. Over 100,000 cars were sold during the month, making it a milestone for the automakers. In recent times there have been some media reports showing that Gigafactory is reducing output in December. It was said to be due to sluggish demand. However, now as the numbers are out, it turns out all the rumors are not true.

You might also like

Dodge Pauses Entry-Level Charger Daytona R/T for 2026 Amid Shifting Market and Tariff Pressures

Audi Officially Retires the Q8 e-Tron, A Successor is Already in the Pipeline

2026 Toyota RAV4 Teased Ahead of May 20 Reveal: A Bold, Electrified Future Awaits

Tesla bulls urge Musk comment amid claims of lower production, weak demand in China
Image credits- Teslarati

Tesla bulls on social media platforms such as Twitter are calling on CEO Elon Musk to issue a statement about the recent media claims. The claims, after all, have put a notable damper on Tesla China’s achievement in November, which would have been unheard of just a few years ago. Citing two people reportedly familiar with the matter, Reuters claimed that Tesla China had cut its December output for the Model Y at Giga Shanghai by over 20% compared to November. The publication, however, admitted that it was not able to “immediately ascertain the reason” for the alleged reduction in Giga Shanghai’s December output.

According to Bloomberg News, the production plans for December at Giga Shanghai are the “latest sign demand in China isn’t living up to expectations.” They noted that the move could reduce the plant’s production by 20%, not just the Model Y.

Increasing demand

“Without more promotions, new orders from the domestic market will likely normalize to 25,000 in December,” Li said, adding that increased production in Giga Shanghai could not really be absorbed by exports. Considering that news of the matter has now spread and TSLA stock seems to be feeling some pressure as a result, Tesla bulls on Twitter are now calling on Elon Musk to issue a statement about the matter. If Elon Musk denies the claim, it would effectively battle the persistent “demand issue” narrative in China.

The delayed reaction of regular news is like nonstop déjà vu

— Elon Musk (@elonmusk) December 4, 2022

If Musk confirms it, on the other hand, he could at least provide some context as to the company’s reasons why Giga Shanghai’s output will be adjusted this month. Inventory levels at Tesla’s Shanghai plant rose sharply after it completed an upgrade of the manufacturing facilities in the summer, with EV inventory increasing at its fastest pace ever in October.

The U.S. automaker has cut prices for Model 3 and Model Y cars by up to 9% in China and offered insurance incentives. It is how the automaker boosted the November sales of its China-made cars by 40% from October and by 89.7% compared to a year earlier.

Tags: electric vehiclesElon MuskGiga ShanghaiModel SModel YTeslaTesla China
Tweet54SendShare15
Previous Post

Guy shows up on a date with his baby; woman gets hooked!

Next Post

French hospital forced to suspend operations, transfer patients after cyberattack

Meghana Kandra

Meghana studied PGD in Journalism, open university. She has more than five years of experience in content writing, from creative content development to online journalism. Electric vehicle enthusiast, engineer, and feminist.

Recommended For You

Dodge Pauses Entry-Level Charger Daytona R/T for 2026 Amid Shifting Market and Tariff Pressures

by Samir Gautam
May 17, 2025
0
The Dodge Charger Daytona R/T will not be part of the 2026 model year lineup, according to Dodge CEO Matt McAlear. While Dodge hasn’t completely ruled out the trim’s return in the future, the automaker has officially postponed its production for now. The reason? A combination of market shifts and uncertainties surrounding U.S. tariff policies. "Production of the Dodge Charger Daytona R/T is postponed for the 2026 model year as we continue to assess the effects of U.S. tariff policies,” McAlear said in a statement to Motor1. Instead, Dodge will sharpen its focus on high-performance offerings, like the Charger Daytona Scat Pack, and upcoming internal combustion alternatives. Scat Pack Takes Center Stage With the R/T trim off the table, the Daytona Scat Pack now becomes the sole all-electric Charger variant available for 2026. And it’s no slouch. Delivering 670 horsepower from its dual-motor setup, the Scat Pack is targeting mid-11-second quarter-mile times. However, the performance comes at the cost of range, 241 miles per the EPA estimate, a step down from the R/T’s 308 miles. That boost in performance also brings a steeper price tag. The Scat Pack will sit around $60,000 after factoring in the $7,500 federal EV tax credit. In contrast, the now-shelved R/T was expected to be a more accessible entry point to the electric muscle segment, slipping in under $50,000 with the same tax break. Lagging Sales, Overstuffed Lots Market data supports Dodge’s decision. Charger sales fell by a staggering 54 percent in 2024. The first-quarter sales of electric Chargers in 2025 totaled just 1,947 units, a mix of both R/T and Scat Pack trims. Meanwhile, Mopar Insiders reported that approximately 3,500 R/T units are still sitting unsold in dealer inventories. This lukewarm reception has highlighted a broader issue: despite the impressive specs, the brand’s electric offerings haven’t captured the hearts of traditional Dodge enthusiasts, many of whom remain loyal to internal combustion. The Sixpack Rises To address this, Dodge is introducing a new four-door variant, the Charger Sixpack, aimed at muscle fans not quite ready to embrace electrification. Powered by a twin-turbocharged 3.0-liter inline-six engine, the Sixpack will be available in both standard-output (420 hp) and high-output (550 hp) trims. Though exact pricing hasn’t been revealed, it's expected to slot in around the price point previously held by the R/T. The new platform, STLA Large, is designed to support both EVs and ICE models, giving Dodge flexibility to pivot as demand dictates. Looking Ahead While the Charger Daytona R/T may be gone for now, its future isn’t completely off the table. Dodge is keeping a close eye on market dynamics, government policies, and consumer behavior as it fine-tunes its approach. With the Scat Pack holding the electric torch and the Six Pack catering to combustion purists, Dodge’s strategy appears focused on streamlining its offerings while covering both sides of the propulsion spectrum. As more details about the 2026 Charger lineup emerge, muscle car fans and industry watchers alike will be paying close attention. The muscle car isn’t dead, it’s just adapting.

The Dodge Charger Daytona R/T will not be part of the 2026 model year lineup, according to Dodge CEO Matt McAlear. While Dodge hasn’t completely ruled out the...

Read more

Audi Officially Retires the Q8 e-Tron, A Successor is Already in the Pipeline

by Samir Gautam
May 17, 2025
0
Audi Officially Retires the Q8 e-Tron, A Successor is Already in the Pipeline

Audi has officially pulled the plug on the Q8 e-tron, marking the end of an era for the automaker’s first dedicated electric SUV. The announcement follows the closure...

Read more

2026 Toyota RAV4 Teased Ahead of May 20 Reveal: A Bold, Electrified Future Awaits

by Samir Gautam
May 17, 2025
0
2026 Toyota RAV4 Teased Ahead of May 20 Reveal: A Bold, Electrified Future Awaits

Toyota has set the automotive world abuzz by releasing the first official teasers of the next-generation RAV4, with a full reveal scheduled for May 20. While the automaker...

Read more
Next Post
France to expand electricity interconnections with Ireland, Italy

French hospital forced to suspend operations, transfer patients after cyberattack

Please login to join discussion

Techstory

Tech and Business News from around the world. Follow along for latest in the world of Tech, AI, Crypto, EVs, Business Personalities and more.
reach us at [email protected]

Advertise With Us

Reach out at - [email protected]

BROWSE BY TAG

#Crypto #howto 2024 acquisition AI amazon Apple bitcoin Business China cryptocurrency e-commerce electric vehicles Elon Musk Ethereum facebook flipkart funding Gaming Google India Instagram Investment ios iPhone IPO Market Markets Meta Microsoft News NFT samsung Social Media SpaceX startup startups tech technology Tesla TikTok trend trending twitter US

© 2024 Techstory.in

No Result
View All Result
  • News
  • Crypto
  • Gadgets
  • Memes
  • Gaming
  • Cars
  • AI
  • Startups
  • Markets
  • How to

© 2024 Techstory.in

Welcome Back!

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?