Industry dynamics

Tesla says reports of its Aug insurance registrations in China untrue

Publishtime:1970-01-01 08:00:00 Views:30

Tesla's wholesale sales in China reached a record 44,264 units in August, according to the CPCA. However, according to the CATARC, Tesla registered just 2,802 insurance units in China in August.

(Photo source: CnEVPost)

Tesla has officially denied that it registered less than 3,000 insurance units in China in August, which is a matter of much concern.

The so-called "Tesla insurance registrations in August were at the 2,000 level" is false information, Tesla China said on Weibo on Friday.

Tesla said they have received a lot of inquiries from Internet users and media about the rumored Tesla sales figures for August, so they made a clarification.

Data from The CPCA earlier this month showed that Tesla China's wholesale sales in August reached a record 44,264 units, including 31,379 units exported.

That means Tesla China sold 12,885 units in August, with China-made Model 3 sales at 1,309, the lowest since deliveries of the model began last January. The Model Y sales in August were 11,576 units.

Since Tesla has a direct sales model, its wholesale sales also mean retail sales.

However, according to the China Automotive Technology and Research Center (CATARC), Tesla registered just 2,802 insurance units in China in August, with 1,273 Model 3s and 1,529 Model Ys.

"(The insurance registrations) are definitely not true," cls.cn quoted a Tesla China source as saying last week, adding that Tesla adopts a direct model and "our sales figures are based on what is actually sold, i.e. the sales figures published by the CPCA. "

As for why the insurance registration data is not true, Tesla did not specify, the report noted.