On April 2, Tesla released its global production and delivery report for the first quarter of 2026. The data shows Tesla produced more than 408,000 battery electric vehicles during the quarter, up 12.7% year-on-year, while deliveries exceeded 358,000 units, representing a 6.5% increase. Tesla global sales in Q1 2026 Of this total, Tesla’s Shanghai Gigafactory delivered 213,000 vehicles in the first quarter, up 23.5% year-on-year, accounting for more than half of Tesla’s global deliveries. In March alone, deliveries exceeded 85,600 units, up 8.7% year-on-year and 46% month-on-month, marking a year-to-date high. Tesla’s Shanghai Gigafactory From a production standpoint, the Shanghai plant serves not only the domestic Chinese market but also functions as Tesla’s most important export hub. Model 3 and Model Y vehicles produced at the plant consistently ranked among the top three single-model exports in January, with combined exports exceeding 50,000 units to Asia-Pacific, Europe and North America. At the product level, the Model Y remains the core volume driver. Third-party data indicates the model retained its position as the world’s best-selling passenger vehicle in 2025, securing the first spot for three consecutive years, with cumulative global sales surpassing 4 million units. Tesla Model 3’s tenth aniversary Meanwhile, the Model 3 has entered its tenth year since launch, with cumulative global sales exceeding 3 million units and demand remaining stable. In the Chinese market, Tesla vehicles continue to demonstrate strong residual value performance. Data from the China Automobile Dealers Association shows that Model X, Model 3 and Model Y have ranked among the top three BEVs in three-year retention value for two consecutive months. Beyond its vehicle business, Tesla’s energy segment continues to expand. Energy storage deployments reached 8.8 GWh in the first quarter, while electricity output totaled 1.8 TWh during the period, up 22% year-on-year. Tesla supercharge stations Its supporting charging network is also growing. As of March this year, Tesla has deployed more than 75,000 Superchargers and over 8,000 charging stations globally. Tesla is scheduled to release its first-quarter earnings report on April 23 Beijing time, when the company is expected to provide further updates on developments across artificial intelligence, humanoid robotics, electric vehicles and energy.