Tesla(US:TSLA) ZACKS·2026-01-06 15:31Core Insights - Tesla's Shanghai plant achieved its highest delivery month in December 2025, with 97,171 vehicles delivered, marking a 3.6% year-over-year increase [1] - Despite strong December performance, total shipments from Giga Shanghai for 2025 were approximately 851,732 vehicles, reflecting a 7% decline year-over-year [2][8] - Tesla's mainland China sales fell nearly 5% in 2025, marking the first annual decline since the Shanghai factory began operations in 2020 [3][8] Delivery Performance - In December 2025, Tesla's Shanghai plant delivered 97,171 vehicles, the strongest month for the company in 2025 [1] - Total deliveries from Giga Shanghai for the year reached about 851,732 vehicles, down around 7% from the previous year [2] - Tesla sold roughly 625,000 vehicles manufactured at Giga Shanghai in mainland China in 2025, a decrease of nearly 5% from 2024 [3] Production Milestones - Giga Shanghai produced its four-millionth vehicle on December 8, 2025, and its nine-millionth electric vehicle globally on December 30, 2025 [4] - The Shanghai facility remains Tesla's largest production hub, despite the decline in mainland sales [3] Competitive Landscape - BYD Company Limited delivered 414,784 passenger vehicles globally in December 2025, achieving a total of 4.6 million vehicles for the year, a 7.7% increase from 2024 [5] - Geely Automobile Holdings Limited delivered 154,264 passenger vehicles in December 2025, with a total of 3.02 million vehicles sold for the year, meeting its target [6] Financial Performance - Tesla's stock has outperformed the Zacks Automotive – Domestic industry over the past six months, with a 53.7% increase compared to the industry's 46.4% growth [7] - Tesla's price/sales ratio indicates it is trading at a forward sales multiple of 14.17, significantly higher than the industry's 3.3 [9] - The Zacks Consensus Estimate for Tesla's 2025 EPS has decreased by a penny in the past week, while the 2026 EPS estimate has dropped by 9 cents in the past month [10]