Part 7/10:
In the broader context of automotive sales, Tesla's Model Y emerged as the best-selling vehicle in China last year, reaffirming its dominance despite global sales dipping slightly. The vehicle witnessed over 48,300 sales, a modest increase, and recorded an astounding 50,000 orders on its first day of manufacturing for the refreshed model. Tesla’s success reflects a growing trend in electric vehicle sales, with over 17 million electric and plug-in hybrid vehicles sold globally in 2024—a rise of 25% compared to the previous year.