#deliveries

#deliveries

Shares rebounded afterward. They are now up 44.9% year to date, despite a rollercoaster ride for investors in the past week after a record 31,305 vehicle deliveries in August and an announced collaboration with British supercar maker McLaren. Nio reported a solid increase in deliveries in the first and second quarters, following the launch of its new mass-market brands, Onvo and Firefly.

The demand for the Model Y L in China seems to be substantial. Just days following the vehicle's release, industry watchers estimated that Tesla received about 35,000 orders for the vehicle on the day of its launch. More recent estimates from industry watchers have suggested that Tesla China might have doubled its usual vehicle orders for August thanks to the new variant.