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flag Tesla’s China sales plummeted 36% in October 2025 amid intense competition and a price war.

flag Tesla reported a 36% sales drop in China during October 2025, underscoring growing challenges in the world’s largest EV market due to fierce competition, government-backed domestic rivals, and a price war fueled by overcapacity. flag Despite record $28.1 billion in third-quarter revenue driven by pre-tax credit demand, adjusted earnings and gross margins fell short of expectations. flag Investor confidence remains fragile amid concerns over profitability, leadership reliance, and unproven technology claims, causing stock volatility despite optimism around AI and robotaxis.

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