Tesla's Shanghai factory shipped more vehicles in October than a year earlier, as a 66.3% jump in exports outweighed lower sales inside China. Exports made up 87% of the plant's wholesale total.
Tesla exported 59,012 vehicles from Shanghai in October, according to new China Passenger Car Association (CPCA) data released Monday. That equals 87% of its 67,829 wholesale shipments.
Domestic sales fall 66.1%
Subtracting exports leaves 8,817 vehicles for the domestic market, down 66.1% from a year earlier. Shanghai's total was up 10.3% year over year, so overseas shipments drove the growth rather than sales within China.
Exports climbed 66.3% from 35,491 vehicles in October 2025. Back then, overseas shipments made up about 58% of the monthly total.
Domestic sales that month reached 26,006.
October falls from September's peak
Against September, the plant had just posted its strongest wholesale month of 2026 at 95,366 vehicles, including 30,529 exports. October's total fell 28.9% from that level, even as exports nearly doubled.
These are wholesale shipment figures, not a measure of vehicles produced during October. October's wholesale total comprised 38,567 Model Ys and 29,262 Model 3s.
China's wider market softens
The broader market was softer too, though by much less. According to the CPCA, China's battery-electric passenger-car retail sales fell 5.3% year over year to 770,000 in October.
Tesla entered November with updated discounts and financing offers in China, including a ¥10,000 final-payment discount on the Model 3 and ¥4,000 on the Model Y.
Source: TeslaNorth.com
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