Tesla’s China EV Sales Surge 91% Amid Seasonal Fluctuations
Tesla's Shanghai Gigafactory delivered 58,600 vehicles in February, marking a 91% year-on-year increase. The sharp rise reflects an easy comparison to February 2025, when production was curtailed for Model Y retooling during Lunar New Year.
Month-over-month sales dipped 15.2%, consistent with typical holiday slowdowns. More notably, exports from Shanghai surged five-fold to 20,000 units, signaling stronger international demand.
The automaker's seven-year financing incentive sparked competitive responses from rivals like BYD. While headline numbers impress, analysts caution that February's performance reflects both genuine demand and favorable base effects.