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  • 4 months ago
Tesla hit its strongest week of the quarter in China with 14,300 insured registrations from September 1st to the 7th, up 41% from the prior quarter, according to influencer Roland Pircher. Registrations fell 12% year-over-year, with year-to-date sales are down 7.8%. The rebound comes after Tesla’s August deliveries in China dropped more than 10% to 57,152 units, its sixth monthly decline in 2025. Strong demand for the newly launched six-seater Model Y L SUV, with over 120,000 orders, has helped offset weakness. Tesla also cut the Model 3 Long Range price by 3.7% in China to compete with rivals like Xpeng’s $30,000 P7 sedan. Tesla’s U.S. market share slipped below 40% for the first time since 2017, now at about 38%.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Tesla hit its strongest week of the quarter in China with 14,300 insured registrations
00:07from September 1st to the 7th, up 41% for the prior quarter, according to Influencer Roland
00:12Percher. Registrations fell 12% year-over-year, with year-to-date sales that are down 7.8%.
00:18Rebound comes after Tesla's August deliveries in China dropped more than 10%, 57,152 units,
00:24its sixth monthly decline in 2025. Strong demand for the newly launched six-seater model YL SUV
00:31with over 120,000 orders has helped offset weakness. Tesla also cut the Model 3 long-range price by 3.7%
00:38in China to compete with rivals like Xpeng's 30,000 P7 sedan. Tesla's U.S. market share slipped
00:45below 40% for the first time since 2017, now at about 38%. For all things money, visit Benzinga.com.
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