Tesla Inc.'s (NASDAQ:TSLA) China-specific six-seater Model Y L's delivery period has stretched till February next year amid falling sales in China.Tesla Model Y L ChinaThe Model Y L's delivery times stretched till February 2026, Tesla's official Chinese website showcased on Friday. The delivery times for the Tesla Model 3 show a delivery waiting time of 4-6 weeks. Customers can also opt for a faster delivery by choosing the in-stock options for both models.Meanwhile, the EV giant is offering the Model 3 Sta ...

Core Insights - Analysts at Deutsche Bank predict growth in September delivery figures for various automakers in the Chinese market [1] Tesla - Tesla Inc. is expected to deliver approximately 72,000 units in China during September, marking a 27% increase in deliveries compared to August [2] - The company recorded 17,300 insured registrations in the third week of September, with the Model Y L variant performing particularly well [3] BYD - BYD Co. Ltd. is projected to deliver over 380,000 units in September, reflecting a 2% month-on-month increase but a 9% year-on-year decline [4] - BYD has reduced its annual sales target from 5.5 million units to 4.6 million units, a 16% decrease [4] - Berkshire Hathaway has exited its entire position in BYD, a company it had previously invested in since 2009 [5] Li Auto and Xpeng - Li Auto Inc. is expected to deliver about 35,000 vehicles in September, which is a 23% month-on-month increase but a 35% year-on-year decline [6] - Xpeng Inc. is set to deliver over 40,000 units in September, achieving a new delivery record and a 6% month-on-month increase [6]

Group 1 - Xpeng Inc. experienced a significant increase in overseas sales, with a surge of over 137% year-over-year from January to August 2025 [1][2] - The company delivered more than 24,702 units across 46 countries and regions, contributing to a total of 271,615 vehicles delivered year-to-date, marking an almost 252% year-over-year increase [2] - Xpeng has expanded its overseas outlets to 275, indicating a strategic push into international markets [2] Group 2 - Xpeng announced a partnership with Magna International Inc. to produce two electric vehicles in Austria, with production expected to start in the third quarter of 2025 [3] - The company launched the P7 sedan, a competitor to Tesla's Model 3, priced at $30,000 in the Chinese market, and received 10,000 orders within seven minutes of its launch [4] - A recall was issued for the P7+ vehicles due to a steering defect, highlighting potential quality control issues [4] Group 3 - Tesla has also launched a long-range version of the Model 3 in China, which saw a 3.7% price reduction, indicating competitive pricing strategies in the EV market [5] - Tesla's sales in China have improved this quarter, particularly as inventory for the Model Y is reportedly running low [5]

Core Insights - NIO Inc. has commenced the delivery of its third-generation ES8 electric SUVs ahead of the official launch on September 20, with strong early demand indicated by pre-orders surpassing those of the ONVO L90 model [1][2][9] Group 1: Product Launch and Features - The ES8 is designed for a high-end experience, with prices ranging from 416,800 to 456,000 yuan (approximately $58,500–$64,110), and an entry-level trim available for 308,800 yuan ($43,340) through the Battery-as-a-Service option [3] - The new ES8 features a dual-motor 4WD setup producing 520 kW (697 hp) and 700 Nm of torque, achieving 0 to 100 km/h in four seconds, and includes a 102-kWh battery pack with a CLTC range of 635 km [4] Group 2: Market Position and Financials - NIO aims for a gross margin of approximately 20% on the ES8, supported by in-house innovation and cost control, with a target of delivering 50,000 vehicles across its brands in the fourth quarter [5] - NIO's stock has increased over 60% year-to-date, significantly outperforming the industry average gain of 5% [8] Group 3: Competitive Landscape - Competitors such as Tesla and Li Auto are expected to provide strong competition for the ES8, with Tesla's Model Y L priced at 339,000 yuan and Li Auto's i8 available in three trims priced between 321,800 and 369,800 yuan [6][7]

Group 1 - Tesla's six-seater Model Y L is sold out in China, with deliveries postponed until November 2025, indicating a strong demand despite overall poor sales in other regions [1][2] - The Model Y L has received over 120,000 orders in China since its launch, averaging 10,000 orders per day [2] - Tesla announced a 3.7% price cut for the Model 3 Long Range sedan in China, now priced over $36,000, to compete with rivals like Xpeng's P7 sedan priced at $30,000 [4] Group 2 - Tesla recorded 14,300 new insured registrations in China, reflecting a 41% growth over the previous quarter, which may help mitigate sales challenges in other markets [5] - In the U.S., Tesla's market share has fallen below 40% for the first time since October 2017, capturing over 38% of the EV sector amid record growth in the segment [6] - BYD has renewed its focus on the Indian market, where Tesla's growth has been slower than expected, with only 600 orders for the $70,000 Model Y [7]

Market Performance - The Hang Seng Index closed at 25,339 points, up 0.93%, with a year-to-date increase of 26.32% [1] - The Hang Seng Tech Index rose by 2.71% to 5,647 points, with a year-to-date increase of 26.40% [1] - The Shanghai Composite Index closed at 3,825 points, up 1.45%, marking a year-to-date increase of 14.14% [1] - The Dow Jones Index reached 45,631 points, up 1.89%, with a year-to-date increase of 7.26% [1] Currency and Commodity Trends - The Renminbi Index is at 96.170, showing a 1-month increase of 0.60% but a 6-month decrease of 3.89% [2] - Brent crude oil is priced at $67.52 per barrel, down 0.40% over the past month and down 6.42% over the past six months [2] - Gold is priced at $3,330.39 per ounce, down 2.95% in the last month but up 12.82% over the last six months [2] Stock Highlights - Semiconductor stocks surged, with SMIC rising 10.06% and Huahong Semiconductor increasing nearly 18% [5][18] - Li Ning's stock rose nearly 9% following its earnings report [5] - The A-share market saw significant gains, with the Shanghai Stock Exchange surpassing 3,800 points, marking a 10-year high [6] Key Developments in Technology - DeepSeek's V3.1 model was released, targeting the next generation of domestic chip designs, which has positively impacted semiconductor stocks [18][20] - Tesla partnered with Volcano Engine to integrate AI models into its vehicles, enhancing user interaction capabilities [19] Economic Indicators - U.S. Federal Reserve Chairman Jerome Powell indicated potential adjustments to monetary policy due to rising risks in the employment market [12][14] - Japan's 30-year government bond yield reached a new high of 3.21%, reflecting ongoing inflation and fiscal risks [22]

Core Insights - Tesla is set to launch a new variant of the Model Y, named Model Y L, which features three rows of seats and enhanced storage capabilities [1][2] - The Model Y L will have a wheelbase of 3,040 mm, making it nearly 200 mm longer than the standard Model Y [2] - The Model Y remains the most popular SUV in China, although Tesla's sales in the region have declined by nearly 12% year-over-year, with 129,000 vehicles sold in Q2 2025 [3] Product Features - The Model Y L includes two stand-alone "captain chairs" in the middle row, which have powered armrests and can fold down for additional storage [1][2] - A new logo with two small accents has been introduced on the Model Y L, along with a black headliner [2] Market Context - Tesla's sales in China are facing challenges due to intense competition from local manufacturers such as BYD, Xiaomi, and Xpeng [3][8] - In 2024, BYD sold 1.76 million battery electric cars, while Tesla sold 1.79 million, indicating a competitive landscape [3] - Xiaomi and Xpeng have launched their own SUVs at lower price points, further intensifying competition against Tesla [8]