<div id="readability-page-1"><div><div>Tesla Inc. TSLA has recorded over 13,060 new insured registrations in China as Elon Musk's automaker builds upon its growth in the Chinese market in May.What Happened: &#34;$TSLA China reported 13,060 insured registrations for the week of May 26-June 1,&#34; Future Fund LLC's managing director, Gary Black, said as he shared the data on X on Wednesday.Tesla's registrations experienced a +2.6% QoQ surge in the 9 weeks. However, the sales are still down -21.4% when compared with last year, the post said.Black reiterated Tesla's strong may performance. &#34;This was the highest week of the quarter so far,&#34; the investor said in the post.Why It Matters: The data follows Tesla's growth in sales during May in China, with the company recording over 11,000 registrations in the country for two consecutive weeks. The company also saw a surge in Norwegian sales, largely driven by the new Model Y. The data, combined with the growth in Norway, could prove to be a silver lining for Musk's EV giant, which has been struggling with lackluster sales in various markets and experiencing record lows.Elsewhere, the company is also gearing up to launch its Robotaxi on June 12 in Austin. However, experts still believe the company's FSD tech is not up to par with Gerber Kawasaki's Co-Founder Ross Gerber admitting the tech needs a lot of work.Tesla scores well on Momentum, Growth, and Quality metrics, but offers poor Value. For more such insights, sign up for Benzinga Edge Stock Rankings today!Check out more of Benzinga's Future Of Mobility coverage by following this link.<ul> <li>Elon Musk’s Tesla Files New Autonomous Taxi Trademark Application Ahead Of Robotaxi Launch In June</li> </ul>Photo courtesy: Ken Wolter / Shutterstock.com</div></div></div>

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Tesla Inc. has achieved over 13,060 new insured registrations in China for the week of May 26-June 1, marking the highest weekly total this quarter. Despite a 2.6% quarter-over-quarter increase in registrations, sales are down 21.4% year-over-year. The company also saw strong performance in Norway, driven by the new Model Y. Tesla is preparing to launch its Robotaxi on June 12 in Austin, although experts express concerns about the readiness of its Full Self-Driving technology.

- Tesla Inc. recorded over 13,060 new insured registrations in China from May 26 to June 1, indicating a 2.6% quarter-over-quarter increase.  
- Despite this growth, sales are down 21.4% compared to last year, although May showed strong performance with over 11,000 registrations for two consecutive weeks.  
- The company is also preparing to launch its Robotaxi on June 12 in Austin, while facing challenges with its Full Self-Driving technology.

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Elon Musk's Tesla Records Over 13,000 New Registrations In China, Highest Weekly Total This Quarter