Stock & Business

Tesla (TSLA) retail sales crash 16% in China in Q1 despite ‘rising’ wholesale numbers

Tesla's retail sales in China fell 16% year-over-year in Q1 2026, with a steep 24% drop in March. This decline in consumer demand was masked by higher wholesale numbers, which include vehicles exported from Giga Shanghai. For owners and enthusiasts, this indicates weakening demand in a critical market despite overall production strength.