Tesla's China sales hit record high in 2024, bucking global decline

The Tesla Inc. Gigafactory in this aerial photograph taken in Shanghai, China, on Friday, Dec. 25, 2020. - Photographer: Qilai Shen/Bloomberg

BEIJING: U.S. electric vehicle maker Tesla said on Friday its China sales rose 8.8% to a record high of more than 657,000 cars in 2024, a strong performance in a competitive market in a year when its annual global deliveries fell for the first time.

Tesla's sales in the world's largest auto market also increased 12.8% in December from a month earlier to a record high of 83,000 units, according to Tesla China.