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Tesla’s China-made EV sales rise 10.3% y/y in October

By Thomson Reuters Nov 3, 2026 | 4:19 AM

BEIJING, Nov 3 (Reuters) – Tesla’s China-made electric vehicle sales grew at a faster annual pace in October, data from the ​China Passenger Car Association showed on ‌Tuesday.

Deliveries of Model 3 and Model Y vehicles produced at its Shanghai plant, including exports to Europe, Asia Pacific and Canada, rose 10.3% year-on-year to 67,829 ‌units ​in October, the data ⁠showed. That was up ⁠from a 5% y/y rise in September and marked a 12th straight month of annual growth.

However, on a monthly basis, sales fell 28.9% ​from September.

• Registrations of new Tesla vehicles surged across several European markets in ⁠October, extending a rebound ⁠in its regional sales.

• Tesla led ​imported car sales in South Korea, a market ​that accounted for one fifth of the ‌exports of Shanghai-made Tesla vehicles in the first nine months.

• Tesla lowered its annual capital expenditure outlook by a fifth and ⁠surprised investors with positive third-quarter free cash flow, as spending on its AI and robotics push came ⁠in well ‌below analysts’ expectations.

• A potential ⁠mega-merger between Elon Musk’s EV maker ​and SpaceX ‌will likely encounter regulatory scrutiny ​on both ⁠sides of the Pacific, with concerns over national security and the transfer of data and technology presenting a major obstacle.

(Reporting by Qiaoyi Li, Zhang Yan and Liz Lee; Editing by ​Kirsten Donovan)