Tesla reports July deliveries of 93,579 units in China, up sharply from last year

Tesla delivered 93,579 vehicles from its China operations in July, a number that looks particularly impressive when you consider the company managed only about 67,886 units in July 2025. That’s roughly a 38% year-over-year jump. The figures, tracked by the China Passenger Car Association (CPCA), cover China-made Model 3 and Model Y units rolling out of the Shanghai Gigafactory. Shanghai’s factory continues to punch above its weight The Shanghai Gigafactory has been Tesla’s most important production asset since it began churning out vehicles in late 2019. It accounts for over half of the company’s global vehicle production, serving both the massive Chinese domestic market and export demand across Asia and Europe. It was Tesla’s first wholly foreign-owned car factory in China. Historical data had shown July deliveries declining by around 8.4% in recent years. This month’s results break that pattern decisively. The Bitcoin angle investors keep forgetting about As of mid-2026, Tesla holds 11,509 BTC on its balance sheet. The company reported no Bitcoin sales during Q2 2026, maintaining its position as a long-term holder. But holding isn’t free. Tesla booked $112 million in unrealized i...