For the week of July 29 - August 4, China reported 12.5k insurance registrations for Tesla. The quarter is +39.5% QoQ and +18.6% vs. 24Q1 the best quarter after 5 weeks. YTD is at -1.8% YoY. Second highest week of the quarter.
In July, Tesla China sold 74,117 units, showing a 4.38% growth from June and a 15.3% increase year-over-year. Giga Shanghai serves as their primary vehicle export hub.
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