Here is what the page “Tesla’s China Sales Drop 12% While Exports Double as Beijing Cuts EV Export Rebates” contains. Tesla’s China business is undergoing a dramatic shift, with domestic deliveries falling 11.9% year-over-year to 381,088 vehicles in the first nine months of 2026, according to data from the China Passenger Car Association (CPCA). At the same time, exports from its Giga Shanghai factory have more than doubled to 361,972 units, meaning nearly half of the cars built in China are now shipped abroad. This pivot comes as Tesla faces intensifying competition from local EV makers like BYD and Nio, which have eroded its market share in the world’s largest auto market.
The export surge has helped keep Giga Shanghai running at high utilization, but it also exposes Tesla to new risks. Beijing recently announced it will cut the tax rebate on EV exports starting next year, a move that could squeeze margins on vehicles shipped from China. This listing links straight to the original page, where the content is available in full.