$Tesla(TSLA.US) China posted 7.3K insurance registrations for the week of Apr 28 to May 4. Given China holidays from May 1-5, TSLA Giga Shanghai was only open 3 working days last week. After five weeks, 2Q is -9.1% QoQ and -14.5% YoY.
Separately, the CPCA reported Tesla Shanghai wholesale sales (domestic sales plus exports) were 58,459 in April. That is the lowest first month of the quarter in the past 10 quarters. Source: @piloly
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