BEIJING, Nov 4 Reuters U.S. automaker Tesla sold 68,280 Chinamade electric vehicles in October, down 5.3 from a year earlier, data from the China Passenger Car Association CPCA showed on Monday.
Deliveries of Chinamade Model 3 and Model Y vehicles fell 22.7 from the previous month.
Chinese rival BYD, with its Dynasty and Ocean series of EVs and plugin hybrids, hit another monthly record, with a 66.2 yearonyear increase in passenger vehicle sales to 500,526 units last month.
Overseas shipments made up 6 of total sales, according to a BYD filing.
The U.S. EV company39;s thirdquarter earnings beat estimates after oneoffs for layoffs in the prior quarter and it posted the first annual gain in deliveries this year owing to sales promotions.
It still outsold BYD in EV shipments last quarter, but was bested by the Chinese rival in revenue terms.
In late October, Tesla extended a zerointerest financing scheme it first introduced in China in July for some Model 3 and Model Y cars by another month to the end of November.
Reporting by Qiaoyi Li, Zhang Yan and Brenda Goh, Editing by Louise Heavens
Source Reuters