Tesla

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Tesla is the first foreign carmaker to have a wholly owned factory in China. The US EV maker produces the Model 3 and Model Y in Shanghai.
Founded: Jul 2003
CEO: Elon Musk
Ticker: NASDAQ: TSLA
HQ: Texas
2024 revenue: $97.69 billion
Website: tesla.com
  • Automakers' NEV market share in China in 2023: BYD 35%, Tesla 7.8%, Nio 2.1%

    BYD ranks No. 1, Tesla No. 2, and Nio No. 9 in terms of NEV market share in China in 2023.

  • Tesla Dec sales in China: Model 3 at 15,750, Model Y at 60,055

    For the full year 2023, Model Y retail sales in China were up 44.74 percent year-on-year to 456,394 units, while Model 3 sales were up 18.33 percent year-on-year to 147,270 units.

  • Tesla sells 75,805 cars in China in Dec, exports 18,334 from Shanghai plant

    In the fourth quarter, Tesla sold 169,935 vehicles in China, accounting for 35 percent of its global deliveries of 484,507 vehicles.

  • Tesla recalls over 1.6 million cars in China over software issues

    This is Tesla's biggest recall in China, involving potentially all delivered vehicles.

  • Tesla sells 94,139 China-made cars in Dec, 2nd highest on record

    China-made Tesla vehicles sold 248,686 units in the fourth quarter, contributing 51.33 percent of its global deliveries.

  • BYD beats Tesla in quarterly BEV sales for 1st time ever

    BYD sold 526,409 passenger BEVs in the fourth quarter, 8.65 percent higher than Tesla's 484,507 global deliveries.

  • Tesla delivers 484,507 cars globally in Q4, 1.81 million for full year 2023

    Tesla delivered 484,507 units in the fourth quarter, beating market expectations of 483,173 units.

  • Tesla continues insurance subsidy for Model 3 inventory in China, but at reduced amount

    Customers who ordered a rear-wheel-drive version of the Model 3 that had already been produced between January 1 and January 31 will receive an insurance subsidy of RMB 6,000 yuan. The amount is lower than last month's RMB 8,000.

  • Tesla plans to revamp Model Y at Shanghai plant, mass production may begin by mid-2024, report says

    Tesla is currently working on preparations for the updated Model Y in China, which could begin mass production as early as mid-2024, according to Bloomberg.

  • Tesla launches Megapack project in Shanghai

    A land acquisition and signing ceremony for Tesla's Megapack project was held in Shanghai on Friday morning, marking the official start of what the company called a "milestone project".