Tesla sold 30,688 China-made vehicles in February, a 49% plunge from a year ago. The data comes shortly after figures showed a plunge in European sales.

In stark contrast, rival BYD sold more than 318,000 vehicles in China last month, recording a 161% year-over-year increase. The surge by BYD highlights the competitive pressure Tesla now faces from domestic EV makers.

Tesla's sales of its China-made electric vehicles fell 28.7% in the first two months of 2025 from a year earlier, data showed on Tuesday, as the U.S. automaker faces pressure from Chinese rivals in a relentless smart EV price war.