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Tesla's China deliveries account for more than half of global sales | CNN Business

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Tesla’s deliveries from its Shanghai factory more than doubled in the second quarter, accounting for over half of its record global sales, according to a Chinese trade group

Tesla\n \n China’s wholesale deliveries reached 247,217 vehicles in the April to June months, up 120% from a year ago, according to a CNN calculation based on data released Tuesday by the China Passenger Car Association . In June, Tesla China reported wholesale deliveries of 93,680 vehicles, up 19% from the same period a year ago, preliminary data from the CPCA showed. The wholesale figures include both domestic sales and exports from the Shanghai Gigafactory.

The robust shipments from the Shanghai factory boosted Tesla’s global sales, sending its shares soaring. On Sunday, the company announced it delivered over 466,000 vehicles worldwide in the second quarter, the highest quarterly number on record. The electric carmaker led by Elon Musk doesn’t break down its sales by region. The CPCA data suggests Tesla’s shipments from Shanghai accounted for 53% of its total sales. It’s not just Tesla that had a record-breaking quarter.

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