Recent data from industry watchers suggest that Tesla China saw 13,800 new vehicle registrations in the week of September 16 to 22, 2024. This represents an 11.54% drop from the 15,600 registrations that the electric vehicle maker saw in the week ending September 15.
Tesla China does not report its weekly sales figures in China, though a general idea of the company’s performance in the country can be inferred through vehicle registration data. Fortunately, these new vehicle registrations are tracked and reported regularly by industry watchers and companies such as Li Auto.
And as per Li Auto’s recent data, Tesla China saw 13,800 new vehicle registrations in the week ending September 22. For context, Tesla China saw 15,600 registrations in the week ending September 15; 16,200 new vehicle registrations in the week ending September 8; and 14,400 registrations in the week ending September 1.
— Roland Pircher (@piloly) September 24, 2024
While Tesla China’s registrations saw a decline in the week ending September 22, it should be noted that the country did celebrate its Mid-Autumn Festival from September 15 to 17, 2024. This national holiday could have contributed to the week-over-week decline in Tesla China’s registrations this September.
Overall, Tesla China does seem to be finding some momentum. Industry watchers have observed that Q3 2024 is so far up 19.9% quarter-over-quarter and 18.5% up year-over-year. Tesla China’s year-to-date registrations are also up 2.0% compared to the company’s 2023 registrations. This is quite impressive, considering that Tesla China’s 2024 registrations generally lagged behind its 2023 numbers until this third quarter.
Last week, 5,050 Model 3s and 8,720 Model Ys were sold. The Model Y is still the more popular model in China. Even though it costs more and is older. 🇨🇳 https://t.co/GbiA6CGSzo pic.twitter.com/XpnX62n18E
— Roland Pircher (@piloly) September 24, 2024
Tesla China’s domestic sales still seem to be dominated by the Model Y, with industry watchers estimating that 5,050 Model 3 and 8,720 Model Y were registered in the week ending September 22. This is quite impressive considering that the Model Y is a more expensive vehicle that still carries Tesla’s previous-generation design.
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