US electric vehicle (EV) giant saw its revenues in the Chinese market surge by 102.9 percent in the second quarter of the year, registering $1.4 billion.
The US remains Tesla’s largest market with $3.1 billion revenues in the quarter, down 11 percent from the same quarter last year, according to a filing the company sent to the US Securities and Exchange Commission on Tuesday.
China has become the US auto giant’s second largest sales market, raking in 23.19 percent of its total revenues in the quarter. Tesla, now the world’s most valuable carmaker, reported revenue of $6 billion in the quarter, beating expectations.