Tesla China Sales

Tesla’s China sales rose nearly 40% in May, with 85,982 units delivered from its Shanghai Gigafactory. This surge signals a strong market recovery, as total Chinese EV sales increased by 12% year-on-year. BYD saw a slight growth, while Leapmotor and Zeekr experienced over 80% surges. Nio and Xiaomi also reported significant gains. However, Li Auto and XPeng faced sales declines. Meanwhile, Tesla is entangled in a lawsuit over alleged false advertising of its FSD capabilities in China.