Tesla(US:TSLA) Benzinga·2025-09-16 07:40Core Insights - Tesla Inc. reported its best week of the quarter in the Chinese market, coinciding with Elon Musk's $1 billion stock purchase [1] Sales Performance - Tesla recorded 15,400 new insured registrations in China, marking a 7.3% increase compared to the previous week and a 34.4% increase from the previous quarter. However, year-over-year sales are down 11% and down over 7% year-to-date compared to the same period in 2024 [2] - The company reported over 14,300 new registrations in China, reflecting a 41% growth over the previous quarter, but year-over-year sales decreased by 12.1% [3] Product Performance - The six-seater Model Y L SUV has received over 120,000 orders since its launch, averaging 10,000 orders daily, indicating strong demand for this model [3] - Tesla reduced the price of its Model 3 Long Range sedan by 3.7% in China, with a retail price of over $36,000 and a range exceeding 500 miles on a single charge [4] Market Share - Tesla's market share in the U.S. has fallen below 40% for the first time since October 2017, currently at 38% [5] - The company has discontinued the most affordable variant of the Cybertruck, which was priced at $69,990 and offered a range of 362 miles [5] Metrics Evaluation - Tesla scores well on momentum and growth metrics, while quality is satisfactory, but value is rated poorly [6]