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Barchart
Aditya Raghunath

Tesla’s China Shipments Are on the Rise. Should You Buy TSLA Stock Here?

Tesla Inc. China BYD Shanghai

Tesla's (TSLA) Shanghai factory shipped 90,812 vehicles in September, indicating a 2.8% increase from last year and breaking a two-month decline. The rebound came as the company started delivering its new six-seat Model Y variant, targeting Chinese families in the world's largest EV market.

September's numbers look even better when you zoom out. Tesla's third-quarter deliveries from China hit 241,890 vehicles, the fourth-highest total on record. Sales jumped 9.2% from August alone, including domestic deliveries and exports to Europe and other markets. The EV giant also began its first shipments to India last month.

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