"Tesla Inc.'s China factory shipments dropped in 2025 despite a bump in December, as the Elon Musk-led carmaker struggled with a slowdown in global sales and lost its No. 1 spot. The company shipped 851,732 vehicles from its Shanghai plant last year, down about 7% from a year earlier, according to preliminary data from China's Passenger Car Association. That includes 97,171 in December, just the fourth month in 2025 that saw an increase."
"The slump in China underscores the challenges Tesla is facing after it reported a second consecutive annual drop. While the Austin-based carmaker saw a jump in third quarter deliveries as customers rushed to buy EVs before the end of a US subsidy, challenges persist as countries scale back policy support. And despite Musk stepping back from his prominent role in politics, a consumer backlash continues to be a headwind for Tesla."
Tesla's Shanghai plant shipped 851,732 vehicles in 2025, down about 7% from the prior year, including 97,171 in December. The preliminary figures do not break down export proportions, though most vehicles are sold locally. The decline follows a second consecutive annual drop for the company and comes despite a third-quarter deliveries jump driven by buyers seeking a US subsidy. Policy support rollbacks and a lingering consumer backlash after Musk's reduced political prominence remain headwinds. Competition in China intensified, with companies like Xiaomi targeting Tesla models. December new-energy vehicle wholesales rose 4% to 1.57 million units, and full-year NEV sales grew about 25%.
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