$TSLA Tesla (TSLA) Stock: Recovery in Chinese Sales and Supply Chain Crisis Resolution
Date: June 2, 2026
Tesla (TSLA), listed on NASDAQ, saw a notable positive move today, Tuesday, June 2, 2026, with a rise of about 1.39%, settling at $421.67, driven by a wave of operational news that restored investors' confidence in the company's ability to expand and secure its supply chains.
Record Sales in the Chinese Market
The biggest boost for the stock today came after the release of data from the China Passenger Car Association (CPCA), which revealed a significant jump in Tesla sales manufactured in China (from the giant Shanghai factory) during May.
Growth Rate: Deliveries recorded a year-over-year increase of 39.4%.
Delivery Volume: Total vehicles shipped (including Model 3 and Model Y aimed at the local market and exports) reached approximately 85,982 units.
Strategic Importance: This growth marks the sixth consecutive month of increases, confirming Tesla's resilience and leadership position in the world's largest electric vehicle market, despite fierce competition from local Chinese companies.
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