Tesla China Deliveries Jump 36% in April, Marking Sixth Straight Year-Over-Year Gain
The figures point to steadier China demand, with delayed Full Self-Driving approval likely to limit near-term software sales.
Overview
- Shanghai shipped 79,478 Model 3 and Model Y vehicles in April, a 36% increase from a year earlier and the sixth month in a row of annual growth.
- The total was 7.2% lower than March’s 85,670 as Tesla balanced domestic sales with exports to Europe and other markets.
- Tesla now targets third‑quarter approval in China for Full Self‑Driving, its paid driver‑assistance software, after previously guiding for the first quarter.
- Company insiders sold about 80,213 shares worth roughly $30.85 million over the past 90 days, including a 26,409‑share sale by director Kathleen Wilson‑Thompson.
- China’s new‑energy vehicle sales rose 7% in April to 1.22 million, BYD’s sales fell 15%, and Tesla is reportedly developing a cheaper China‑made compact SUV to counter low‑priced rivals.