Tesla has set a new quarterly record for the third consecutive week, insurance registration figures showed on Tuesday.
The US brand registered 17,300 vehicles across China in the third week of September as the end of Q3 nears.
Figures from September 15 to 21 showed a 12.7% increase from the prior week’s 15,350 units.
Quarter to date sales are up 33.2% compared to the April-June period, despite being 7.8% down year over year.
Registrations are still down by 5.9% year to date, when compared to the same period a year ago.
From the total vehicles sold last week, 11,200 were Model Ys and 6,100 were Model 3s.
Tesla started deliveries of the six-seater Model Y L — a six-seat version of its best-selling SUV — in the beginning of September.
Last week, 850 units were registered in China.
October availability for the model has sold out across China last week.
As of Tuesday, and according to Tesla‘s website, orders placed are expected to be delivered in November.
Sales of the Model 3 sedan in China have recovered through August and surpassed its main competitor, the Xiaomi SU7, for the first time since the beginning of 2025.
m3 x su7In the past five weeks, the two models have been successively outperforming each other in weekly sales.
From September 15 to 21, the Tesla model’s sales jumped 24.5% from the previous week and ranked above Xiaomi’s.
Xiaomi sold 5,400 SU7s and 5,400 YU7 SUVs in the third week of September and ranked fifth among new energy vehicle (NEV) brands in the country.
Most automakers saw registrations increase last week in China.
Sales of NEVs are led by BYD, which sells both hybrid and fully electric models. The brand registered 70,700 vehicles in the third week of September.
It was followed by Geely‘s Galaxy, which listed 28,700 units.
Local media outlet The Beijing News reported over the weekend that several Tesla drivers are suing the company over its Full Self-Driving (Supervised) system.
According to the vehicle owners, the software cannot deliver the advertised features because of hardware limitations.
The Elon Musk-led company is being accused of committing consumer fraud, with customers seeking a full refund plus triple compensation.
Despite the news, and given Piper Sandler’s increase of Tesla‘s price target from $400 to $500, the EV maker’s shares reached a new nine-month high in early Monday trading.
After sharp losses in the first half of the year, the stock is now less than 10% below its record high of $488.54 set late last year.
