Tesla China domestic sales and import figures for October 2024 released

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Tesla China sold a total of 68,280 vehicles wholesale in October 2024. From this number, a total of 27,795 vehicles were exported to foreign markets. This was according to data recently released by the China Passenger Car Association (CPCA). 

Considering the CPCA’s recent data, Tesla China sold a total of 40,485 vehicles to the domestic market in October. That’s up 41% from 28,626 units sold in October 2023, but down 44% percent from the 72,200 units that were sold domestically in September 2024.

As noted in a report from CNEV Post, Tesla China’s domestic sales in October were the lowest for the electric vehicle maker since April 2024. Tesla China’s October domestic sales are also lower than Deutsche Bank’s expectations. Deutsche Bank analysts had released a note in late October estimating that Tesla China’s domestic sales would be around 47,000 units.

This is not that surprising, however, as Tesla China tends to export more vehicles in the first weeks of a quarter. Overall, Tesla China sold a total of 500,685 vehicles in the January to October 2024 period. That’s up 8% from the previous year. 

The Model Y is still Tesla’s strongest seller. Among the 68,280 vehicles that were sold wholesale in October, 42,265 were Model Y. This means that the all-electric crossover accounted for 62% of the electric vehicle maker’s wholesale figures last month. The Tesla Model 3, for its part, saw 26,015 units sold wholesale, contributing 38% to the company’s overall October 2024 figures.

China’s BEV sector saw 673,000 units sold domestically in October. This means that Tesla China accounted for 6% of the country’s battery electric vehicle market last month. For comparison, Tesla China accounted for 11% of China’s BEV sector in September 2024.

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Tesla China domestic sales and import figures for October 2024 released





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Elon Musk says Tesla is improving Optimus robot’s design for one reason

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Elon Musk revealed on X on Thursday that Tesla is improving the design of the Optimus robot for one specific reason that is a major bottleneck in terms of production.

Tesla’s Optimus robot is perhaps one of the most exciting prospects of the company’s future. Musk has already said in the past that he believes it will be the most popular product of any kind ever because of what it will be capable of.

At the “We, Robot” event last month in Los Angeles, Musk revealed the robot would cost between $20,000 and $30,000, and would essentially operate as the perfect assistant for anyone who needed some help at home.

It would do anything from walk your dog to watch your kid.

It will even serve drinks at a cocktail party at your house, something it flexed in a promotional video.

It’s only getting better, too, Musk revealed. However, he also said Tesla is “improving” the design of the robot to help streamline production:

“Well, Optimus is already doing some tasks in the factory and the scope of its ability is increasing rapidly. The toughest part by far is improving the design of Optimus for ease of manufacturing and tooling up a complex supply chain, so it can be made in significant numbers.”

This is something that many Tesla fans will be familiar with, especially as it created a streamlined and efficient manufacturing process with its vehicles. The Model Y was a big piece of this, as Tesla used many of the same parts in that vehicle as it did the Model 3.

A simpler design for Tesla Optimus will not only increase production but will also make it easier to maintain for owners. Tesla will likely not compromise on ability, either, especially as it is an AI-based project that will only get better with time, just as the Full Self-Driving suite has done.

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Please email me with questions and comments at joey@teslarati.com. I’d love to chat! You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Elon Musk says Tesla is improving Optimus robot’s design for one reason





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Tesla chose this lavish LA home to show Optimus Robot’s capabilities: Here’s why

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Tesla chose this lavish home in Los Angeles to show off the Optimus Robot’s future capabilities at the “We, Robot” event in early October.

Although Tesla investors and fans have always known that the company plans to create Optimus as the perfect home assistant, we have not yet seen an example of what it might be like when it eventually makes its way to consumers.

Tesla showed Optimus what it would be capable of by shooting a quick video of it doing routine household chores while also serving friends drinks at a get-together and playing games with the kids.

Credit: Tesla

But where did Tesla shoot this?

A $6.85 million home in Mandeville Canyon, Los Angeles, played the part of the “typical” home where Optimus was playing the part.

Credit: Zillow

Credit: Zillow

Credit: Zillow

Credit: Zillow

Jason Peteler of Revel Real Estate talked to Mansion Global about why Tesla chose this specific location to film the video showing off Optimus’s capabilities:

“Tesla chose our property because they liked the aesthetics and it worked well with what they were looking to showcase. They rented it out for two days to do the shoot.”

The house is located at 2167 Mandeville Canyon Rd. Peteler said on his Instagram:

“When Elon Musk and @teslamotors chooses your listing out of tens of thousands to shoot the unveiling of their new humanoid Optimus robot at the ‘We, Robot’ event.”

Tesla has big plans for Optimus, as Musk teased its capabilities and its price point at the event in October.

Musk said:

“If you extrapolate this, it will be something spectacular. Something you can own. At scale, this should cost somewhere around $20,000 to $30,000.” A video showcasing Optimus’ home uses is also showcased. “I think this will be the biggest product ever of any kind.”

He said later in October that he believes humanoid robots will be more populous on Earth than humans, which would be a tremendous development for Tesla if it ends up being true.

It, along with other companies creating effective robots, will see huge financial advantages for being early to market, especially if it can end up being as great of an assistant as it has shown.

Need accessories for your Tesla? Check out the Teslarati Marketplace:

Please email me with questions and comments at joey@teslarati.com. I’d love to chat! You can also reach me on Twitter @KlenderJoey, or if you have news tips, you can email us at tips@teslarati.com.

Tesla chose this lavish LA home to show Optimus Robot’s capabilities: Here’s why





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