Tesla's China-made EV sales jump nearly 40% in May as domestic market rebounds

Tesla's China-made EV sales rose 39.4% year-on-year to 85,982 units in May, driven by demand recovery at its Shanghai Gigafactory. Total Chinese EV sales increased 12% year-on-year to 1.36 million, outpacing April's total by 11%. The China Passenger Car Association reported an 'initial recovery' in the EV market, with Tesla rival BYD posting a 0.02% sales increase in May. These figures show growing consumer confidence and market stability in China's EV sector.