Tesla China’s exports fell 25.9% to approximately 245K units in 2024. Europe remained the main destination (77% of exports) despite a 24.8% drop. Exports to Asia, North America, and Oceania declined by 27.5%, 22.8%, and 41.1% respectively.
In the European region, the top three countries for Tesla China’s exports in 2024 are Belgium, the UK, and Spain. Belgium saw a YoY increase of 16%, accounting for 53.1% of the total, while the UK and Spain declined by 32% and 61%, respectively. Romania recorded the highest growth, whereas the Netherlands experienced the largest decline.
Excluding the European region, the top 3 countries for Tesla China‘s exports in 2024 are Canada, Australia, and Thailand, with YoY declines of 30%, 27%, and 74%, respectively. The Philippines, UAE, Mexico, and Indonesia are new export destinations for Tesla China in 2024, while Singapore is the only country to record a YoY increase.
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