China’s Share of Tesla Global Deliveries Q1 2020-Q2 2026
Quarter
Deliveries in China
Share of Global
Q1 2020
16,526
18.69%
Q2 2020
29,684
32.75%
Q3 2020
34,170
24.53%
Q4 2020
57,551
31.87%
Q1 2021
69,280
37.49%
Q2 2021
61,745
30.68%
Q3 2021
73,659
30.53%
Q4 2021
116,059
37.61%
Q1 2022
108,300
34.93%
Q2 2022
89,275
35.05%
Q3 2022
120,576
35.07%
Q4 2022
121,619
30.01%
Q1 2023
137,429
32.50%
Q2 2023
156,676
33.61%
Q3 2023
139,624
32.09%
Q4 2023
169,935
35.07%
Q1 2024
132,420
34.23%
Q2 2024
145,897
32.86%
Q3 2024
181,883
39.29%
Q4 2024
196,902
39.73%
Q1 2025
134,607
39.98%
Q2 2025
128,803
33.53%
Q3 2025
169,294
34.06%
Q4 2025
192,994
46.15%
Q1 2026
112,798
31.51%
Q2 2026
126,157
26.28%
China’s share of Tesla global deliveries
Deliveries in China
Share of global
- Tesla delivered 126,157 vehicles in China in the second quarter, down 2.05% year-on-year and accounting for just 26.28% of its global deliveries.
- The Shanghai plant exported 128,394 vehicles in the second quarter, exceeding its deliveries in China in a single quarter for the first time in history.
The contribution of Tesla’s (NASDAQ: TSLA) sales in China to its global deliveries has declined significantly, as the world’s largest electric vehicle (EV) market shows overall weakness.
In the second quarter, Tesla delivered 126,157 vehicles in China, accounting for just 26.28% of its global deliveries, the first time the figure has fallen below 30% since the fourth quarter of 2020, according to data compiled by CnEVPost.
For comparison, China’s contribution to Tesla’s global deliveries had remained above 30% for the previous 21 quarters, peaking at 46.15% in the fourth quarter of 2025.
The decline in the contribution was mainly due to the overall weakness of China’s auto market. Tesla’s deliveries in China fell 2.05% year-on-year in the second quarter, the fifth consecutive quarter of decline, despite an 11.84% recovery from the first quarter.
Meanwhile, Tesla’s global deliveries reached 480,126 vehicles in the second quarter, up 24.99% year-on-year. This means the company’s current growth momentum is coming mainly from markets outside China.
In the first half of this year, Tesla delivered a cumulative 238,955 vehicles in China, down 9.28% year-on-year. Its global deliveries totaled 838,149 vehicles over the same period, up 16.28% year-on-year, a stark contrast.
In June alone, Tesla sold 52,920 vehicles in China, down 13.93% year-on-year, though up 11.93% from May.
Notably, Tesla China’s overall wholesale sales remained strong. Wholesale sales reached 89,091 vehicles in June, up 24.43% year-on-year, the eighth consecutive month of year-on-year growth.
In the second quarter, Tesla China’s wholesale sales totaled 254,551 vehicles, up 32.77% year-on-year. Wholesale sales include deliveries in China and exports from the Shanghai plant.
The Shanghai plant’s exports reached 128,394 vehicles in the second quarter, exceeding its deliveries in China in a single quarter for the first time in history. The plant is increasingly becoming Tesla’s export hub for overseas markets.
Tesla deliveries in China vs Shanghai plant exports
Deliveries in China
Giga Shanghai exports
Tesla Deliveries in China vs Shanghai Plant Exports – Quarterly Data
Quarter
Deliveries in China
Giga Shanghai Exports
Q1 2020
16,526
–
Q2 2020
29,684
–
Q3 2020
34,170
–
Q4 2020
57,551
–
Q1 2021
69,280
–
Q2 2021
61,745
30,718
Q3 2021
73,659
59,579
Q4 2021
116,059
62,038
Q1 2022
108,300
73,874
Q2 2022
89,275
23,308
Q3 2022
120,576
67,741
Q4 2022
121,619
106,172
Q1 2023
137,429
91,893
Q2 2023
156,676
90,541
Q3 2023
139,624
82,893
Q4 2023
169,935
78,751
Q1 2024
132,420
88,456
Q2 2024
145,897
59,850
Q3 2024
181,883
67,252
Q4 2024
196,902
44,000
Q1 2025
134,607
38,147
Q2 2025
128,803
62,917
Q3 2025
169,294
72,596
Q4 2025
192,994
52,374
Q1 2026
112,798
100,600
Q2 2026
126,157
128,394
The weakness of China’s auto market is the main backdrop to the pressure on local demand. In the January-May period this year, China’s new energy vehicle (NEV) retail sales declined year-on-year for five consecutive months, according to data from the China Passenger Car Association (CPCA).
Meanwhile, pressure from local competitors is also intensifying. In June, Leapmotor (HKEX: 9863) overtook Tesla China with wholesale sales of 93,376 vehicles, ranking fourth in China’s passenger NEV market.
Industry leader BYD (HKEX: 1211) remained firmly at the top with passenger NEV wholesale sales of 397,292 vehicles. Nio Inc (NYSE: NIO) and Xpeng (NYSE: XPEV) both also set their highest monthly delivery records so far this year in June.
To boost local demand, Tesla launched a new car financing service called “Easy Loan” in May, aiming to attract budget-conscious Chinese consumers by lowering the barrier to purchase.
BYD sold 557,090 BEVs in the second quarter, about 77,000 units more than Tesla’s 480,126.
