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Tesla sales slip in China as exports surge 108 percent from Shanghai plant

Tesla\'s China business is shifting from domestic sales to exports, with January-September sales to Chinese consumers down 11.9 percent to 381,088 vehicles while exports from the Shanghai Gigafactory rose 108 percent to 361,972. Total shipments from Shanghai increased 22.5 percent to 743,060, with exports accounting for 49 percent versus 29 percent a year earlier. China sales weakened further in the third quarter, while a planned cut in export VAT rebates from 2027 could raise costs.