Tesla Q2 China Registrations Narrow Gap To 2023 Amid Production Reduction Reports

Tesla vehicle insurance registrations in China last week jumped sequentially and increased vs. a year earlier, as China EV registrations broadly picked up steam at the end of May. TSLA shares angled lower Tuesday. Tesla insurance registrations in China totaled 15,200 for the week of May 27-June 2, up 16% from 13,100 the previous week, according to data reported by CnEVPost Tuesday. Vehicle registrations in China tend to pick up toward the end of the month, according to local reports.