Tesla sold 71,599 vehicles from its Shanghai plant in June, a 0.8% increase from a year earlier and a 16% jump from May, according to data from the China Passenger Car Association. The gain marks the company’s first year-on-year growth in China this year and ends an eight-month slide in monthly deliveries. The improvement was not enough to reverse the broader trend: second-quarter sales of China-made Model 3 and Model Y vehicles fell 6.8% to 191,720 units, the third consecutive quarterly decline. Rival BYD continued to widen its lead, posting an 11% rise in June deliveries to 377,628 vehicles. Tesla shares rose about 1.4% in U.S. pre-market trading after the CPCA figures were released. The company later reported 384,122 global deliveries for the quarter, slightly below the 389,407 average estimate compiled by Visible Alpha. Analysts say the modest rebound in June could reflect the recent clearance of regulatory hurdles for Tesla’s advanced driver-assistance features, but the U.S. carmaker still faces intense price competition and a raft of new local models in the world’s largest electric-vehicle market.
$TSLA - *TESLA 2Q DELIVERIES 384,122, EST. 389,407
Tesla vio su primer aumento en las entregas de vehículos desde su fábrica de Shanghái este año. La cifra representa un aumento del 0,8% con respecto al año anterior y del 16% con respecto a mayo. Más detalles https://t.co/3GOnqC2rdb 📷 Bloomberg https://t.co/CgT2xQNRWY
Tesla data out of china. 71,599 units shipped from the plant in June (CCPA data, doesn’t split domestic or export). That’s 0.8% growth YoY, 16% QoQ growth from may. While modest - it’s the first YoY gain for Tesla in China in 2025 $TSLA