- Shanghai Gigafactory delivered 85,982 vehicles in May, up 39.4% year‑on‑year and highest monthly volume in 2026.
- Exports from Shanghai are driving Tesla’s growth as overseas markets increasingly fuel volume gains.
- Tesla expanded China financing offers and added China to its supervised FSD market while rebranding to Tesla Assisted Driving (L2).
According to the latest data from CPCA, Tesla’s Shanghai Gigafactory delivered over 85,982 vehicles in May, marking its highest monthly delivery volume of 2026, up 39.4% year-on-year and 8% from April.
In the first five months of the year, cumulative deliveries from the Shanghai plant exceeded 378,000 units.
As one of Tesla’s most important global production hubs, the Shanghai Gigafactory not only supplies the Chinese market but also serves as the company’s largest export center, shipping vehicles to multiple markets across Asia-Pacific and Europe.
For years, the Shanghai facility has accounted for more than half of Tesla’s global deliveries, making it a cornerstone of the company’s worldwide operations.
Recent performance suggests overseas markets are contributing a growing share of Tesla’s volume growth.
Tesla Vice President Grace Tao said several Asia-Pacific markets have recently shown positive momentum.
In South Korea, Tesla ranked first among imported car brands by sales in April, while the Model Y became the country’s second best-selling passenger vehicle.
Across all automotive brands in South Korea, Tesla ranked third in the overall auto market.
In Thailand, Tesla ranked first among premium EV brands by registrations in the first quarter of 2026.
In China’s Macau, Tesla remained the best-selling EV brand in April, with the Model Y topping the EV sales chart.
In China’s Hong Kong, Tesla has maintained the leading position among EV brands year-to-date.
The Shanghai-built six-seat Model Y L is also being delivered at an accelerating pace to several Asia-Pacific markets, including Singapore, Australia, South Korea, Thailand, and the Philippines.
In China, Tesla has recently introduced new financing incentives to stimulate demand.
On May 13, Tesla launched a limited-time financing program in China featuring flexible loan options.
It also added five years of zero-interest financing and several low-interest packages on selected models. The promotion will run through June 30.
Tesla’s driver-assistance business has also seen new developments. In May, China was added to the latest supported-market list for Tesla’s supervised Full Self-Driving (FSD) system.
However, Tesla subsequently revised the naming of the product on its Chinese website.
The former “Intelligent Assisted Driving” branding was changed to “Tesla Assisted Driving (TAD),” with the system explicitly labeled as an L2-level driver-assistance system.
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