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Benzinga
Benzinga
Business
Kaustubh Bagalkote

Tesla China Sees Robust Demand In Q4, With Registrations Up 14.2% YoY So Far: Expert Says EV Giant On Track For 'Best Quarter Ever'

Tesla Inc. China Gary Black Insurance electric vehicle

Tesla Inc.’s (NASDAQ:TSLA) insurance registrations in China reached 18,600 units for the week ending Dec. 1, indicating robust demand in one of the electric vehicle maker’s key markets, according to data shared by industry analysts.

What Happened: The Future Fund LLC Managing Partner Gary Black said that Tesla China’s fourth quarter performance is showing significant growth, with registrations up 14.2% year-over-year and 5.8% quarter-over-quarter. The current trajectory suggests this could be Tesla China’s strongest quarter to date.

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