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Due to the impact of the Sino-US trade war, Tesla's selling price in China was adjusted several times last year. After the Sino-US trade war, the tariff on imported cars originating in the United States rose to 40%, and the price of pure imported Tesla models rose by about 20%. Then Tesla's selling price rose and fell with the introduction of the policy.

Price fluctuations have also affected Tesla's sales in China, with Tesla publishing its 2018 annual report, which showed that the company's operating income in China last year was $1.757 billion, down 15.4% year-on-year.

On sales, Tesla sold 3169 vehicles in China in the third quarter, down 37%, compared with 211 units in October, a 70% plunge, according to figures released by the association. The Model X dropped 62% to 161 units, while the Model S dropped 82% to 50 units. However, this sales data report has not been confirmed by Tesla.

In comparison, Tesla's total revenue in 2016 was US $7 billion, of which US $4.2 billion was in the US market and US $1.06 billion was in the Chinese market. In 2017, Tesla's sales in China exceeded US $2 billion, doubling year-on-year. By 2018, Tesla's business in China had experienced a 15.4% year-on-year decline under the influence of the trade war.

In January 2019, Tesla began producing Model 3 for the European and Chinese markets, while Tesla's Shanghai plant started construction on January 7. The first phase of the project was completed in the second quarter and put into production in the second half of the year. After completion, the total annual production capacity reached 500,000 vehicles. Tesla's Shanghai plant will initially build a domestic Model 3 two-wheel drive benchmark model, while the second localized model will be Tesla's unreleased Model Y.

Tesla previously released its fourth quarter 2018 earnings report, which showed Tesla Q4 revenue of $7.23 billion, up 120% from $3.23 billion in the same period in 2017, net profit of $210 million and a net loss of $771 million in the same period in 2017, which was lower than analysts expected. Tesla lost $1.063 billion for the full year of 2018.

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