Tesla’s electric vehicle sales from its China-made production have demonstrated robust growth in March, extending a positive trend for the fifth consecutive month. The automaker delivered 85,670 vehicles, a significant increase from the previous month and a notable year-over-year improvement, signaling resilience in one of the world’s most competitive auto markets.
In March, Tesla China’s wholesale volume reached 85,670 vehicles. This figure represents an 8.68% increase compared to the same period last year and a substantial 46.20% surge from February’s 58,599 units. These deliveries include both domestic sales within China and vehicles exported to international markets from Tesla’s Shanghai facility.
The strong March performance contributed to a solid first quarter for Tesla in China. Total wholesale deliveries for the first quarter of 2026 reached 213,398 cars, marking a 23.53% increase compared to the first quarter of the previous year. This growth follows a period of rebound in February, where Tesla’s market share in China’s battery electric vehicle segment reached its highest point since April 2024.
Despite facing intense competition from domestic players like BYD and aggressive price cuts in the Chinese EV market, Tesla has maintained its position. The steady demand for its popular Model 3 and Model Y, both manufactured at Gigafactory Shanghai, has been a key driver of this sustained growth. The Shanghai plant remains a critical hub, producing over half of Tesla’s global vehicle output.
While Tesla’s China sales show positive momentum, the company’s stock performance has seen fluctuations. Investors are closely watching global first-quarter delivery numbers, which are expected to provide a broader picture of the company’s performance. Analysts suggest that rising oil prices could further enhance the appeal of electric vehicles, potentially benefiting Tesla and other EV manufacturers.