Overview

• Tesla China vice president Grace Tao said on Weibo that the Shanghai Gigafactory has begun its fourth‑quarter production ramp.
• CPCA data show 71,525 retail sales in China for September, Tesla’s second‑highest month of 2025, up 25% from August and down less than 1% year over year.
• Including exports, Tesla’s September wholesale from Shanghai totaled 90,812 vehicles, with 19,287 units shipped abroad.
• Model Y led September wholesales at 59,907 units as the new three‑row, six‑seat Model YL that launched in August and began deliveries in early September helped drive demand; Model 3 reached 30,905.
• Tesla shares rose over 3% in early trading after the ramp news, which followed a record 497,099 global deliveries in Q3 with Shanghai serving as a key export hub.