The new Model Y has gained a remarkable attention in China, amassing 130,000 orders within just 16 days since its launch on October 10.
Industry experts attribute the high demand to the strong brand loyalty Tesla has built, alongside China’s increasing preference for electric vehicles.
The Model Y is positioned as a competitive alternative in the SUV market with its attractive features and advanced technology.
While the production capabilities and supply chain have been stabilized, it remains to be seen how Tesla will continue to meet the rising demand in China amidst fierce competition from local manufacturers.
Overall, Tesla’s performance in China with the Model Y could set the tone for its growth trajectory in the region over the coming months.