Tesla China focuses on exports as Q2 begins
With the second quarter of 2025 now starting, Tesla China appears to have shifted gears, allocating Giga Shanghai’s Model 3 and Model Y output to foreign territories.
This was hinted at in Tesla China’s new vehicle registrations in the week of March 31 to April 6, 2025.
Tesla China Registrations
In the week ending April 6, Tesla China saw 3,600 new vehicle registrations. This represents a 82.6% week-over-week drop from the 21,000 insurance registrations that the company saw in the week ending March 30, but it also represents a 91.5% improvement compared to the registrations from the first week of Q2 2024. Year-to-date, Tesla China’s registrations are up 3%, which is impressive considering Giga Shanghai’s changeover to the new Model Y.
In China, 3.6k Tesla insurance registrations were reported for the week of March 31 to April 6.
The week is down 82.6% from last week and +91.5% year-over-year. The quarter is -34.5% QoQ and +91.5% YoY and -44.6% vs. 24Q3 the best quarter after 1 week. YTD is at +3% YoY. pic.twitter.com/5oqCeS2tY9
— Roland Pircher (@piloly) April 8, 2025
Tesla China does not report its weekly sales data, though a general idea of the company’s performance in the overall Chinese automotive market can be inferred through new vehicle registrations. Fortunately, these registrations are tracked closely by industry watchers as well as automakers like Li Auto.
Vehicle Export Hub
While the notable week-over-week drop in Tesla China’s registrations for the week ending April 6 may seem jarring, it should be noted that Giga Shanghai is the company’s vehicle export hub. Thus, it allocates a significant portion of its output to markets that are supplied by the factory. This is one of the reasons why Giga Shanghai only saw over 1,900 registrations in the first week of Q2 2024.
Think simply. They now have to supply Giga Shanghai-produced New Model Y to several countries. As of the beginning of the quarter, vehicles produced in Giga Shanghai are exported. https://t.co/v8JjCNle8v
— Tsla Chan (@Tslachan) April 8, 2025
Tesla China typically spends the first weeks of a quarter exporting vehicles to foreign territories, before focusing Giga Shanghai’s output for domestic orders. Considering that the new Model Y has just been introduced to the market, it would not be surprising if Giga Shanghai starts focusing on the local market in the weeks to come.
The post Tesla China focuses on exports as Q2 begins appeared first on TESLARATI.
Source: https://www.teslarati.com/tesla-china-focuses-exports-q2-begins/
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