Tesla Sales Jump 126% As Elon Musk's EV Giant Reports 11.3k New Insured Registrations In China

Benzinga
2025.10.15 06:37
portai
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Tesla Inc. (NASDAQ:TSLA) reported a 126% increase in new insured registrations in China, totaling 11.3k for the week of October 6-12. This marks a 33% year-over-year growth, despite a 5% decline in year-to-date sales compared to 2024. The company also saw a 25% surge in September sales in China, with 71,525 units sold. However, sales in Europe fell over 25% during the same month. Mixed reactions have emerged regarding Tesla's affordable Model Y and Model 3, with some investors questioning their market impact.