Teslamask: We're still digesting inventory.

In response to concerns about Tesla's prospects in the Chinese market, yesterday's co-founder Ellon Masc said at the Boao forum that Tesla's March sales in the Chinese market grew by 130% to 150% in February, "an indication that more and more Chinese car owners are accepting and endorsing Tesla".

In the face of the current market dilemma in China, Musk explains that speculators and "scalpers" created the illusion that demand was "extremely high" when Tesla was just entering the Chinese market last year. Later, when speculators canceled their orders, inventories increased.

"China is the only market in the world where Tesla has surplus stock. We're still digesting inventory. ”

Musk promised two years ago that he would build a factory in China in the future. This time in Boao Forum, Musk to this "long-term commitment" once again gave full recognition, he said Tesla will long-term commitment to open up the Chinese market, and will be in three years in China to set up factories and research and development centers to achieve localized production.

"But Tesla's plant in California has not yet been fully operational, and Tesla will not consider setting up a plant in the overseas market until it has reached full capacity." As a result, Tesla will continue to import for some time. ”

Tesla was founded in 2003 in California, USA. Tesla opened orders to the Chinese market in 2013, and the first batch of cars in April 2014 was delivered to Chinese car owners. At present, the sales of Tesla in the Chinese market are imported from California, USA. Reporter Zhang Yiyi