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Tesla China Shipments of Locally Made Cars Plunge in July

  • Domestic sales are lowest in the last 15 months, analyst says
  • Some buyers may be waiting for cheaper Model Y to come online
The Tesla Gigafactory in Shanghai.
The Tesla Gigafactory in Shanghai.Photographer: Qilai Shen/Bloomberg
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Tesla Inc. shipments of China-made cars to the local market fell sharply last month following a run of negative publicity and the recall of almost every vehicle the company has sold in the country.

Elon Musk’s electric-vehicle maker reported domestic China shipments of just 8,621 units in July, a 69% plunge from June. Exports from the company’s Shanghai factory almost quintupled to 24,347 vehicles, with most destined for Europe. That meant overall Tesla China shipments in July slipped just 0.6% to 32,968.