Tesla in China registered 18,600 new vehicles in the last month of the 4th quarter

For the week from November 25 to December 1, 2024. 18,600 new vehicles were registered in Tesla China. These figures represent an increase of 11.38% compared to the 16,700 insurance registrations that were registered in the week ending November 24, 2024.

Tesla doesn’t report weekly sales figures in China, though the electric car maker has a general idea indicators on the domestic car market can be judged by the registration of new vehicles. Fortunately, these registrations are closely tracked and shared by industry watchers as well as automakers like Li Auto.

18,600 Tesla insured vehicles were registered in China during the week from November 25 to 30. 🇨🇳

The quarter is +5.8% q/q, +14.2% y/y. Since the beginning of the year, it is +7.1% y/y. Second highest week of the year. Highest 9th Quarter Week in History. Highest week of the quarter. pic.twitter.com/aYh25CGEIg

— Roland Pircher (@piloly) December 3, 2024

According to data from China, Tesla registered 18,600 new vehicles in the week ending December 1, 2024. It should be noted that these results represent the second highest number of new car registrations in China this year. They also mean that Tesla’s registration from the beginning of the year for 2024 expires increased by 7.1% compared to the same period last year. This is a remarkable achievement for Tesla China, given that 2024 registrations were lagging behind 2023 numbers until the third quarter.

Tesla China had strong November when it came to registering new vehicles. The company saw 15,700 insurance registrations for the week ending November 3; 17300 registrations in the week until November 10; 17,100 new vehicle registrations in the week until November 17; and 16,700 insurance registrations for the week ending November 24, 2024. If Tesla China maintains this momentum, it won’t be surprising if in December 2024. the number of new car registrations of the company will be even higher.

$TSLA 🇨🇳
DISCLAIMER: Units insured by Tesla China

< Лістапад ~ Снежань 2024 г. >
4-10: 17300
11-17: 17,100
18-24: 16700
25-(10): 18,600

How cool! pic.twitter.com/4Hx4P7bxyW

– Tsla Chan (@Tslachan) December 3, 2024

In November, Tesla China aggressively launched programs to promote car sales in the domestic market. It belongs to them faster a rare discount of 10,000 yuan for select Tesla Model Y variants, as well as to expand its popular ones five-year interest-free loan offering for both the Tesla Model 3 and Model Y. The response from domestic car buyers to Tesla China’s sales initiatives in November appeared to be positive, as evidenced by videos and images showing that delivery centers busy with crowds of customers during the month.