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Tesla Ramps Up Shanghai Production Amid Strong China Sales

Tesla Ramps Up Shanghai Production Amid Strong China Sales

Author:

Global Cryptocurrency

Published:

2025-10-13 17:15:02

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BTCCSquare news:

Tesla's Shanghai gigafactory has begun accelerating production for Q4, traditionally its peak delivery period. Vice President TAO Lin confirmed the ramp-up via Weibo, signaling confidence despite growing EV competition in Asia and Europe. The plant serves as Tesla's export hub for both Chinese and international markets.

September sales data reveals resilience in China, with 71,525 vehicles sold—a 25% monthly increase and the second-highest tally this year. Market share grew to 8.66% as the localized Model YL variant drove a 17% wholesale surge. While year-on-year sales dipped marginally, the strategic focus on regional preferences appears to be paying dividends.

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