Local media earlier today cited several Tesla salespeople as saying that a small number of existing Model 3 and Model Y vehicles are currently available for sale.

(Vehicle information displayed on Tesla's China website on September 16.)

Tesla continues to shorten the wait times for most models in China, making the expected delivery cycle for all models start at 1 week.

Currently, Tesla's Shanghai plant only produces the Model 3 and Model Y, with the former offered in two versions and the latter in three.

The expected delivery time for the rear-wheel drive entry-level Model 3 is 1-8 weeks, down from 6-10 weeks previously, according to the latest information on Tesla's China website.

The expected delivery time for the dual-motor, all-wheel drive Model 3 Performance is 1-10 weeks, compared to 6-10 weeks previously.

The rear-wheel drive entry-level Model Y is 1-4 weeks, the same as before.

The Model Y Long Range with dual-motor all-wheel drive is 1-10 weeks, down from 10-14 weeks previously.

Model Y Performance with two-motor all-wheel drive is 1-10 weeks, compared to 6-10 weeks previously.

(Vehicle information displayed on Tesla's China website on September 7.)

Model 3 currently starts at RMB 279,900 in China and Model 3 Performance at RMB 367,900. Model Y starts at RMB 316,900, Model Y Long Range at RMB 394,900 and Model Y Performance at RMB 417,900.

Prices and other core specs for these models are currently unchanged.

Earlier today, local media outlet The Paper reported that for Tesla owners who get deliveries from September 16 to September 30, they will receive an RMB 8,000 ($1,140) subsidy if they choose to purchase insurance in a Tesla store.

The offer is for all new China-made Tesla Model 3 and Model Y vehicles, and the subsidy is RMB 8,000 for both, according to the report.

The Paper cited several Tesla salespeople as saying that a small number of existing Model 3 and Model Y vehicles are currently available for sale.

The continued shortened expected delivery time and the latest insurance offer may be related to the significant increase in capacity at Tesla's Shanghai plant.

Tesla offers insurance subsidies in China that may herald upcoming price cut