Tesla’sTSLA3.46%increase; green up pointing triangle sales in China fell in November amid intensifying competition from Chinese rivals. The U.S. electric-vehicle maker sold 78,856 China-made cars in November, down 4.3% compared with a year earlier but 15 ...

Tesla aims to deliver a record number of more than 515,000 vehicles in Q4 in order for its sales not to be down for the whole year. That’s ~30,000 more vehicles than Tesla’s last record quarter, which was Q4 2023. China is Tesla’s most important market and the world’s most important EV market.

Deliveries from Tesla Inc.’s Shanghai factory fell for a second month in November, despite an increase in subsidies from the Chinese government aimed at enticing more consumers to buy an electric car.