Tesla (NASDAQ:TSLA) reported on Wednesday that sales of its China-made electric vehicles rose for a fourth consecutive month in February, significantly outpacing prior-year figures.
Deliveries of the Model 3 and Model Y from the company’s Giga Shanghai facility totaled 58,600 units, representing a 91% increase compared to the same month last year.
The sharp year-over-year growth was partly attributed to a low comparison base.
In February 2025, production and deliveries were hampered by a partial assembly line suspension at the Shanghai plant as Tesla prepared for the launch of its refreshed Model Y.
This year, the absence of such interruptions allowed for a more robust output, which followed a 9.3% sales increase in January.
While the annual comparison showed strength, monthly figures reflected the typical volatility associated with the Lunar New Year period.
Sales were down 15.2% sequentially from January, as seasonal factors and shifting holiday schedules often disrupt purchasing patterns in the world's largest auto market during the first two months of the year.