When Tesla reported a record 480,126 global deliveries for Q2 2026 — up 25% year-over-year and well above the ~406,000 consensus estimate — it was widely described as a comeback. But a number circulating in some corners of the internet told a different story: that Tesla's China market share had fallen below 30% for the first time since 2020. That figure is not supported by any available evidence. Tesla's share of China's NEV market never approached 30% at any point, and the real data shows a decline from roughly 16% in 2020 to about 5% by mid-2026. Here is what actually happened, why the

When Tesla reported a record 480,126 global deliveries for Q2 2026 — up 25% year-over-year and well above the ~406,000 consensus estimate — it was widely described as a comeback. But a number circulating in some corners of the internet told a different story: that Tesla's China market share had fallen below 30% for the first time since 2020. That figure is not supported by any available evidence. Tesla's share of China's NEV market never approached 30% at any point, and the real data shows a decline from roughly 16% in 2020 to about 5% by mid-2026. Here is what actually happened, why the