Tesla’s China Deliveries Jump 36% and Shares Test $400 Threshold
TSLA•Tesla’s China deliveries jumped 36% year-over-year in early May, extending its sales rebound and driving shares toward the $400 level. First-quarter revenue rose 16% with margin expansion, automotive production and deliveries turning positive, FSD subscriptions up 51%, and Cybercab and Optimus commercialization progressing.
1. China Sales Surge and Stock Reaction
Deliveries from Tesla’s Shanghai facility rose 36% year-over-year in early May, extending a post-dip rebound and pushing shares toward the $400 mark as investors priced in stronger regional demand.
2. First-Quarter Financial Results
In the first quarter, Tesla posted a 16% increase in revenue with expanded gross margins; automotive production and deliveries returned to year-over-year growth, underscoring operational improvements after recent valuation headwinds.
3. FSD Subscriptions and Product Roadmap
Full Self-Driving subscriptions accelerated by 51% over the quarter, while development of the Cybercab electric taxi and Optimus humanoid robot advanced toward commercialization, with mass production targets set for late 2026.
