Tesla's Q1 total revenue was $23.329 billion, as per documents submitted to the US Securities and Exchange Commission (SEC) on April 24th. Notably, Tesla's revenue in China in Q1 amounted to $4.891 billion with a year-on-year growth rate of 5.18%.

At Tesla's Investor Day held on March 1, the electric vehicle manufacturer shared a series of business plans for future developments in R&D and manufacturing. Tom Zhu, the global vice president of Tesla and head of Greater China, explained Tesla's gigafactory situation.

Cui Dongshu, Secretary General of the China Passenger Car Association said on October 9 that domestic sales of new energy vehicles remained strong in September. During the month, Tesla's Shanghai Gigafactory delivered more than 83,000 vehicles.

Grace Tao, Global Vice President of Tesla, announced via domestic microblogging platform Weibo on August 15 that the localization rate of Tesla China's supply chain has exceeded 95%, as the firm's Shanghai Gigafactory has now produced more than 1 million vehicles.