- Tesla began ramping up production at its Shanghai gigafactory in the fourth quarter, according to company executive Tao Lin.
- The company’s electric vehicle sales in China rose 25% in September compared to the previous month.
- Tesla sold 71,525 vehicles in China in September, marking its second-best sales month of the year.
- The Shanghai gigafactory produces Tesla’s Model Y and Model 3 for both domestic sales and export, with an annual production capacity of over 950,000 vehicles.
- Tesla aims to deliver over 570,000 vehicles in the fourth quarter to avoid a year-over-year decline in deliveries, a target it has not previously reached in a single quarter.
Tesla shares rose nearly 2% in pre-market trading on Monday after reports revealed that the electric vehicle maker has started increasing production at its Shanghai gigafactory. According to a Reuters report citing executive Tao Lin, production ramp-up began in the fourth quarter.
Recent data shows that Tesla’s electric vehicle (EV) sales in China climbed 25% in September compared to August. The company sold 71,525 vehicles in China during September, which was its second-highest monthly sales figure this year after March.
Including exports, wholesale deliveries from Tesla China reached 90,812 units in September, representing a 2.8% increase year-over-year. The Shanghai gigafactory manufactures the Model Y and Model 3 vehicles, which are shipped both to Chinese customers and to select international markets.
The Shanghai facility holds the highest annual capacity of any Tesla factory, with the ability to produce more than 950,000 vehicles per year. This surpasses the production capabilities of the company’s factories in California, Berlin, and Texas.
Earlier in the year, Tesla released an updated Model Y in China to stimulate growth. In July, the company announced efforts to expand its full self-driving technology in China, pending regulatory clearance.
To avoid a year-over-year decrease in deliveries, Tesla must deliver over 570,000 vehicles in the fourth quarter. However, the company has yet to surpass the 500,000 mark in a single quarter. Shares of Tesla have risen 2% in 2025 and approximately 89% over the last twelve months.
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