Sales have increased for six consecutive months! Tesla's electric vehicles produced in China delivered nearly 80,000 units in April
Tesla's electric vehicle sales in China increased by 36% year-on-year in April, achieving six consecutive months of growth, with deliveries reaching 79,478 units. Despite facing delays in the approval of Full Self-Driving (FSD) software and intensified competition from Chinese brands, Tesla's sales in the European market rebounded, mainly influenced by rising oil prices. The company expects to receive full approval for FSD in China in the third quarter, although this timeline has been delayed from the original plan. Tesla also plans to launch a more affordable compact SUV to address market challenges
According to data released by the China Passenger Car Association on Thursday, Tesla (TSLA.US) saw a significant year-on-year increase of 36% in electric vehicle sales in China in April, marking the sixth consecutive month of growth.
The data shows that the total delivery volume of Model 3 and Model Y produced at Tesla's Shanghai factory (including exports to Europe and other markets) reached 79,478 units.
These figures indicate that after experiencing a painful loss of market share, Tesla is stabilizing in its two most important markets outside the U.S. However, delays in regulatory approval for its Full Self-Driving (FSD) software and the emergence of new electric vehicle models from Chinese brands may limit its recovery momentum.
Last month, Tesla's sales continued to rebound in several European markets, including Sweden, France, and Denmark. This is mainly attributed to the surge in oil prices due to the U.S.-Iran conflict, which has stimulated strong demand for pure electric vehicles.
Regulatory Barriers
Tesla is facing regulatory barriers, as the approval path for its Full Self-Driving (FSD) system, which is highly valued by customers (especially Chinese customers), remains unclear.
Tesla's Chief Financial Officer, Vaibhav Taneja, stated in April that the company currently expects to receive full approval for FSD in China in the third quarter, which is a delay from the initially set target of the first quarter.
Emails from some European regulatory agencies indicate that the EU is skeptical about the technology. Before this recovery, Tesla experienced a difficult period, losing nearly half of its European market share by 2025.
Despite this, Tesla is ramping up efforts to fend off the impact of new Chinese models, including the development of a more affordable compact SUV produced in China
