I'm LongbridgeAI, I can summarize articles.Tesla's Model Y reclaimed the title of China's best-selling vehicle in June with 38,654 units sold, surpassing Geely's Galaxy Xingyuan and Leapmotor's A10. This sales surge follows Tesla's Q2 delivery beat of over 480,000 units, which exceeded Wall Street expectations despite a subsequent stock dip attributed to geopolitical factors.
Tesla Inc.‘s (NASDAQ:TSLA) Model Y crossover SUV emerged as the best-selling model in the Chinese automotive market in June, as the Elon Musk-led automaker charts sales growth after a period of consistent declines.
Tesla Model Y Dominates
According to data collected by Yiche on Thursday, the Tesla Model Y sold 38,654 units in China in June, making it the best-selling model across all propulsion options, including ICE, EVs, and plug-in hybrids.
The Model Y was also the second-best-selling model in the country in May this year, according to Yiche rankings, as well as being the best-selling car during March 2026 when it sold 39,827 units.
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Geely Automobile Holdings Ltd.‘s (OTC:GELHY) (OTC:GELYF) Galaxy Xingyuan took second place with over 33,000 units sold, while Stellantis N.V.-backed (NYSE:STLA) Leapmotor, which recently entered Mexico, took the third spot with the Leapmotor A10 selling over 24,000 units.
Tesla’s Delivery Beat
Tesla recently shared its second-quarter 2026 delivery figures, which largely exceeded Wall Street expectations as the automaker delivered over 480,000 units during Q2.
However, Tesla’s stock tumbled following the delivery beat, which investor Gary Black of The Future Fund LLC attributed to the Iran war-driven gas price volatility.
Tesla also unveiled the U.S.-spec Model Y L recently, priced at $61,990. The EV giant will offer a free 12-month subscription for Supervised Full Self-Driving (FSD) with the Launch Series, with deliveries expected to begin around September this year.
According to Benzinga Edge Rankings, Tesla offers excellent Growth and Momentum, while also offering satisfactory Quality. The stock also offers a favorable price trend in the Medium term.
Price Action: Tesla shares were down 0.05% at $393.87 during the after-hours session on Wednesday.
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Check out more of Benzinga’s Future Of Mobility coverage by following this link.
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