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The Nexus
BUSINESSJun 3 · 08:05 UTCSCMP WORLDDaniel Ren

Tesla’s China sales surge to 2026 high, but rivals crowd the rear-view mirror

Tesla’s Shanghai Gigafactory reported its highest monthly deliveries of the year in May, with 85,982 Model 3 and Model Y vehicles delivered, a 39.4% increase from the previous year. However, the company faces growing competition from domestic rivals introducing new models.

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