
Elon Musk-Led Tesla Records 9% Surge in June Model Y Sales In China

Tesla Inc. recorded a 9.09% year-over-year increase in Model Y sales in China for June, selling 44,848 units, marking an 81% rise from May. Despite this surge, cumulative sales showed a 17.48% decline year-over-year. The company also saw a 12% sales increase in the UK during Q2 2025. This comes amid challenges, including weak sales in late June and political tensions involving Elon Musk. Musk has taken over oversight of Tesla sales in Europe and the U.S. following a leadership change.
Tesla Inc. TSLA recorded a 9.09% year-over-year jump in Model Y sales in the Chinese market during June, in line with the company's better-than-expected Q2 deliveries.
Check out the current price of TSLA stock here.
What Happened: The EV giant sold 44,848 units of the SUV in the Chinese market after experiencing a two-month decline in sales figures, data obtained by CnEVPost showed on Wednesday.
The Model Y sales increased by over 81% in June compared to May, the data showed. However, the Model Y's cumulative sales were down, as Tesla recorded 171,491 units sold, which is a 17.48% YoY decline.
Why It Matters: The news comes in despite Tesla experiencing a weak performance in sales during the week of June 30 to July 6 in China, as the company sold 5,010 units.
However, Tesla sales also surged in the UK, where the company recorded a 12% increase as the company delivered 7,189 units during Q2 2025. This coincides with Musk's decision to assume oversight of Tesla sales in Europe and the U.S. after Omead Afshar's exit from the company.
Elsewhere, amid the political turmoil resulting from rising tensions between Musk and U.S. President Donald Trump, experts have slammed the billionaire's decision to pursue his political ambitions via the "America Party."
Tesla offers poor Momentum and Value, while scoring well on the Growth metric and offering satisfactory Quality. For more such insights, sign up for Benzinga Edge Stock Rankings today!
Check out more of Benzinga's Future Of Mobility coverage by following this link.
- Elon Musk’s SpaceX Insider Share Sale Could Push Valuation To $400 Billion—Starlink Is The Rocket Fuel
Photo courtesy: VTT Studio / Shutterstock.com