Summary
- Tesla China saw 15,600 new vehicle registrations in the week of September 9-15, 2024
- This represents a 3.7% decrease from the previous week’s numbers
- Tesla’s overall performance in the Chinese market can be inferred from new vehicle registrations
- YTD registrations in China are already up 1.9% year-over-year
- Tesla China aims to make Q3 2024 a solid quarter and exceed global deliveries from 2023
Article
In the week of September 9-15, 2024, Tesla China reported 15,600 new vehicle registrations, a 3.7% decrease from the previous week’s 16,200 registrations. While Tesla does not disclose its weekly sales figures in China, new vehicle registrations provide insight into the company’s overall performance in the domestic market. Industry watchers closely track these registrations, and some automakers like Li Auto share China’s vehicle registration data regularly. Tesla China’s year-to-date registrations are up 1.9% year-over-year by the end of the previous week.
Li Auto’s recent data revealed that Tesla China recorded 15,600 new vehicle registrations in the week ending September 15, the second-highest number in Q3 2024 so far. The electric vehicle maker has been experiencing momentum in local vehicle registrations this quarter. In the first week of September, Tesla saw 14,400 registrations, followed by 16,200 registrations in the second week. In August, Tesla sold 63,456 vehicles in China, marking the highest month of 2024. The positive trend in registrations indicates a strong quarter for Tesla in Q3 2024, potentially helping the company meet CEO Elon Musk’s goal of exceeding 2023’s global deliveries.
Tesla China’s performance in the next two weeks will be crucial in determining the success of Q3 2024. If the momentum is maintained, Tesla could have a solid quarter, bringing it closer to surpassing the total deliveries of 1,808,581 vehicles in 2023. Between Q1 and Q2 2024, Tesla globally delivered 830,776 vehicles, with approximately 388,000 vehicles sold in China’s domestic market from January to August. The sales in China in Q3 2024 will play a significant role in helping Tesla exceed its global delivery target for the year.
The positive trend in Tesla China’s new vehicle registrations in Q3 2024 indicates a promising quarter for the electric vehicle maker. With strong performances in August and the first half of September, Tesla is on track to exceed its global delivery targets for the year. The company’s success in the Chinese market, coupled with its momentum in other regions, demonstrates continued growth and demand for Tesla’s electric vehicles. For the latest news and updates, individuals can contact Tesla Rati via email to share tips and information.
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