Tesla posted one of its strongest sales performances of the year last month in China after a sluggish October. According to data released by the China Passenger Car Association (CPCA) on Tuesday, the company recorded 86,700 wholesale sales in November.
The result is a 9.95% year-over-year increase from the 78,856 units sold in November 2024, and an impressive 40.98% jump compared to October’s 61,497 units. It also stands as Tesla China’s second-best monthly total of 2025, trailing only March, which saw 90,812 sales.
These figures include both domestic deliveries and exports from Giga Shanghai to other markets around the world. A breakdown between the figures is expected to be released later this week.
November’s rebound can largely be attributed to renewed demand for the Model Y. Tesla leaned into aggressive end-of-year sales tactics, highlighting tightening delivery timelines and urging customers to order early to secure a vehicle before December 31 in order to be able to take advantage of a tax incentive that is decreasing in 2026.
Those reminders appeared to work. Model Y wait times have extended, now stretching into 2026. As of December 2, the Model Y Rear-Wheel Drive (RWD) now shows estimated delivery in January 2026, while the Long Range RWD and All-Wheel Drive (AWD) variants have slipped into February 2026. Only the six-seat Model Y L remains available within a 4–8 week window.
While the Model Y is effectively sold out for the remainder of 2025, Tesla says only limited Model 3 inventory remains available. November also marked the re-introduction of the refreshed Model S and Model X in China, with the first local deliveries slated to begin this month.
Even with the strong November showing, Tesla China’s 2025 wholesale results remain behind last year’s pace. From January through November, Giga Shanghai has delivered 754,561 vehicles, representing an 8.30% decline year-over-year.
The shortfall stems largely from weaker performance earlier in the year — Tesla posted year-over-year declines in eight of the first eleven months as it navigated shifting incentives, increased competition, and fluctuating export volumes. Still, November’s results provide some positive momentum heading into the final month of 2025, although it is all but impossible for Tesla China to exceed last year’s results, and will likely fall short by about 60,000 units.
