Update: Added information about the processor for the infotainment system on the Model Y Performance.

has sold out of available capacity for the entry-level Model Y in China this year, and the start of deliveries of the Model Y Performance will help increase its sales and average price in the Chinese market.

Tesla began deliveries of the Model Y Performance in China after teasing the move earlier this week.

"Model Y Performance officially opens for delivery as new milestones are lit up one by one," the company said today on Weibo.

Tesla did not announce the number of first deliveries of the Model Y Performance or other details, although information shared by its Weibo account shows that the first China-made Model Y Performance was delivered to one of its employees.

Separately, according to Weibo car blogger @常岩CY, Tesla used AMD Ryzen that is found on the Model S Plaid as the processor for the infotainment system on the Model Y Performance, instead of the Intel Atom used in other Model Y versions.

Information on Tesla's website shows the Model Y Performance is priced at RMB 387,900 ($60,750) in China, which is RMB 107,148 more than the price of the entry-level Model Y. The price of the latter was raised yesterday by RMB 4,752 to RMB 280,752.

The Model Y Performance can accelerate from 0 to 100 km/h in 3.7 seconds, has a top speed of 250 km/h and an NEDC range of 566 km.

Earlier this month, Tesla sold out of available capacity in China this year for the entry-level Model Y. The start of Model Y Performance deliveries will help increase Tesla's sales in China and raise the average selling price.

On November 12, information on Tesla's China website showed that the entry-level Model Y has a 0-100 km/h acceleration time of 6.9 seconds, up from 5.6 seconds previously, and delivery is expected in the first quarter of next year.

The Tesla Model Y was the third best-selling new energy vehicle in China in October, following SAIC-GM-Wuling's Hongguang Mini EV and 's Qin Plus DM-i, according to data released earlier this month by the China Passenger Car Association (CPCA).

The Hongguang Mini EV sold 47,834 units, the Qin Plus DM-i sold 17,393 units and the Model Y sold 13,303 units in October, the CPCA data showed.

Tesla China had 54,391 wholesale sales in October, including 40,666 units exported and 13,725 units sold in China.