Tesla Model 3 delivery wait times in China have seen their first increase in nine months, suggesting that the Shanghai factory may be undergoing some new adjustments.
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Category: Tesla Model 3
The decline in Model Y retail sales in China in May was partly due to a significant increase in exports.
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With 96kWh battery and 835km range, YU7 offers better specs than Model Y; likely with a lower Chinese market price
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In the January-April period, Model Y retail sales in China stood at 101,873 units, down 19.61 percent year-on-year.
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Tesla continues to market its insurance subsidy for the Model 3, as its China operations saw sales, including exports, halve in February.
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Pricing for the regular Model Y remains the same as the Launch Series, with the bonus extended warranty no longer available.
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Tesla is offering RMB 8,000 ($1,100) in insurance subsidy for the Model 3, restarting a promotional tool it has used many times previously on the first working day of the Year of the Snake in the Chinese lunar calendar.
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In the past nine months, the monthly deliveries of the Xiaomi SU7 beat the Model 3 in China four times.
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In the past nine months, the monthly deliveries of the Xiaomi SU7 beat the Model 3 in China four times.
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Tesla China exported 76,380 Model Y units in 2024, a 54.58 percent decrease from 2023. The Model 3 exported 183,178 units, a 4.14 percent increase from 2023.
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