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.
The 58,600 units reported include both domestic sales within China and exports to international markets, including Europe.
Despite the month-on-month dip, the sustained annual momentum suggests a stabilizing demand for the automaker’s core models in the face of intensifying competition from local manufacturers.