Key points
Tesla in June achieved its highest monthly sales of China-made vehicles since opening its Shanghai plant in 2019, as the U.S. carmaker ramped up output.
Tesla sold 78,906 China-made vehicles in June, including 968 for export, the China Passenger Car Association said.
Covid restrictions in Shanghai in the April–June quarter had restricted Tesla’s output there while its new factories in Berlin and Texas struggled to increase output.
Tesla in June achieved its highest monthly sales of China-made vehicles since opening its Shanghai plant in 2019, data showed on Friday, as the U.S. carmaker ramped up output which had been hit by the city’s Covid-19 lockdown. Covid restrictions in Shanghai in the April–June quarter had hobbled Tesla’s output there while its new factories in Berlin and Texas struggled to increase output.
Tesla sold 78,906 China-made vehicles in June, including 968 for export, the China Passenger Car Association said. In May it sold 32,165 vehicles and exported 22,340.
CEO Elon Musk had urged staff to work harder to make up for the losses at the end of the “very tough” quarter after China’s zero-Covid lockdowns caused deeper disruptions to output than he had predicted.
The Shanghai plant, which manufactures Model 3s and Model Ys, reopened on April 19 but only resumed full production in mid-June.
With 52,557 delivered in June, Tesla’s Model Y ranked the best-selling model among all passenger vehicles for the first time.
The next quarter will see Tesla expand the Model Y, having opened Aus order books early June has seen high local interest and has added another reason for Musk to further ramp up Model Y production. Deliveries are expected to commence locally in August this year.
Tesla has said repeatedly it expects 50% annual increases in deliveries over a multi-year period, so let’s see if the second half of the year's product and sales, will allow Tesla to achieve that goal.
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