Tesla's electric vehicle sales in China increased by 91% year-on-year in February to 58,600 units.

Foreign media: Tesla's February sales of domestically produced electric vehicles in China increased by 91% year-on-year to 58,600 units, continuing for the fourth consecutive month, mainly due to a lower base last year (sales were sluggish in February 2025 due to the Spring Festival holiday causing some production lines to shut down), but decreased by 15.2% compared to January.

Export volume from the Shanghai factory increased by about five times year-on-year to 20,000 units. Tesla's 7-year low-interest financial plan has prompted competitors such as BYD to follow suit. However, BYD's global sales in February recorded the largest drop since the epidemic, with a 65% decline in the Chinese market. Last week, BYD just announced its first major battery upgrade in six years in an attempt to reverse the downturn.

Original article: toutiao.com/article/1859381029545992/

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