Tesla impresses in China with exceptional year-end sales figures. The latest insurance registration data shows strong demand, especially for the Model 3 and the Model Y. With five weeks left in the year, the Tesla China could decisively support the global delivery targets for 2024.
Strong figures: Insurance as a sales indicator
Between the November 18 and 24, 2024 in China 16,700 vehicles were insured:
- 6,700 units of the Tesla Model 3
- 10,000 units of the Tesla Model Y
In the three weeks from November 4 to 24, this adds up to 51,100 insured vehicleswhich is already the highest three-week figure of the year. A total of Q4 2024 over 100,000 units were registered. Should Tesla maintain this pace, this quarter alone could see 180,000 vehicles be delivered in China in this quarter alone.
Why is Tesla so successful in China?
Several factors are driving success in China:
- Attractive discounts: For the Model Y Rear Wheel Drive (RWD) and Long Range All Wheel Drive (AWD) were recently introduced.
- 0% financing: For months now Tesla interest-free financing for Model 3 and Model Y a campaign that has now been extended until the end of the year.
- Exclusive experiences: New owners get the chance to take part in a guided tour of the Gigafactory Shanghai including paid airfare.
Tesla's global destinations
Tesla plans to launch in the fourth quarter over 515,000 vehicles worldwide in the fourth quarter. This would not only set a new quarterly record, but also a new annual record of 1,809,000 vehicles and surpass the record set in 2023.
Conclusion: Tesla remains on the road to success
With convincing sales figures and clever incentives Tesla once again demonstrates its strength in one of the world's most competitive markets. The potential in China could be decisive in achieving - or even exceeding - global delivery targets.
Keywords: Tesla, Tesla Model Y, Tesla Model 3, Tesla Accessories, Tesla Store, Shop4Tesla, Tesla News, Tesla China, Gigafactory Shanghai, Tesla sales figures, Tesla discounts, Model Y discount, Tesla Q4 2024
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