Tesla exported just 3,911 vehicles from its Shanghai factory in February—an 87% decline from 30,224 units in the same month last year and an 86.8% drop from January. Meanwhile, Tesla sold 26,777 vehicles in China, marking an 11.2% year-over-year decline and a 20.6% drop from January.
February’s export numbers were the lowest since June 2022, when Tesla shipped only 968 vehicles from Shanghai. Domestic sales also hit their lowest point since October 2022, when Tesla sold 17,200 cars in China.
Exports accounted for just 12.7% of Tesla’s February sales in China, a sharp drop from 50.1% last year and 46.7% in January.
In total, Tesla sold 30,688 China-made vehicles in February, down 49.2% year-over-year and 51.5% from January. This includes:
Model Y: 8,032 units (-77.8% YoY)
Model 3: 22,656 units (-6% YoY)
While Tesla’s exports and domestic sales fell sharply, comparing February alone isn’t ideal due to the shifting dates of the Chinese New Year holiday. A more accurate comparison would be January and February combined.
For the first two months of 2025, Tesla sold 60,480 cars in China, down 13.6% YoY. During the same period, Tesla exported 33,446 vehicles from Shanghai, a 46% drop from last year’s 61,790 units. Total China-made sales (domestic + export) stood at 93,926 vehicles, marking a 28.7% decline from 131,812 in early 2024.
