$Tesla(TSLA.US) China reported 8.6K insured registrations for the week of June 2-8. Through 10 weeks, 2nd quarter is -3.9% QoQ and -22.2% YoY. The week was down -33.8% from last week and -28.0% YoY.
The 3-day Dragon Boat Festival holiday took place from May 31 - June 2, and was one reason for the light volumes. All EV manufacturers showed similar WoW declines. Tesla : -34%Xiaomi : -44%Nio : -20%Zeekr : -22%LiAuto : -31%Xpeng : -42%Sources: @piloly @Tslachan
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