Tesla continues to demonstrate strong performance in China, despite a slight dip in weekly insurance registrations. Last week, Tesla reported 14,200 insurance registrations in China, just below the 14,300 registrations from the previous week. This marks the second-best week of the quarter. However, it’s important to note that this figure represents a 16.5% decline compared to the same period last year.
Despite the year-over-year drop, Tesla China’s Q3 registrations are showing robust growth. Registrations for the quarter have increased by 10% year-over-year and 30% compared to the previous quarter, highlighting Tesla’s resilience and growing market presence in China.
In July, Tesla China sold a total of 74,117 vehicles. Out of these, 46,227 were sold domestically, while 27,890 were exported to other markets. This strong performance in July contributes to the overall positive outlook for Tesla’s operations in China.
These figures underscore Tesla’s continued strength in one of its most important markets, even amid fluctuating weekly registration numbers.
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