Tesla reported 11,130 insurance registrations in China in the week of May 12-18, 2025, marking a 262.5% increase from the previous week.
The surge in registrations suggests that Giga Shanghai may still be exporting Model 3 and Model Y vehicles to foreign territories despite domestic volatility.
Tesla China's registrations had dropped to 3,070 in the week ending May 11 but rebounded significantly to 11.1k in the week ending May 18.
While Tesla China's registrations for 2025 are still down 6.5% year-over-year, the recent increase indicates a positive trend in the electric vehicle market.