- Tesla Model 3 delivery wait times in China have seen their first increase in nine months, suggesting that the Shanghai factory may be undergoing some new adjustments.
- The wait time for the Model 3 long-range version has increased from 1-3 weeks to 3-5 weeks, while the performance version has increased from 1-3 weeks to 8-10 weeks.
Tesla (NASDAQ: TSLA) Model 3 electric sedans have seen a rare increase in delivery wait times in China, suggesting that the Shanghai factory may be undergoing some new adjustments.
Model 3 is available in China in three variants: the entry-level rear-wheel drive version, the long-range all-wheel drive version, and the all-wheel drive performance version, with starting prices of RMB 235,500 ($32,790), RMB 275,500, and RMB 339,500, respectively.
The delivery wait time for the long-range version has increased from 1-3 weeks to 3-5 weeks, and for the performance version from 1-3 weeks to 8-10 weeks, according to daily monitoring by CnEVPost. The wait time for the entry-level version remains unchanged at 1-3 weeks.
This marks the first change in Model 3 delivery wait times in China since November last year. In the previous change on November 19, 2024, the delivery wait times for all three variants of Model 3 were reduced from 2-4 weeks to 1-3 weeks.
The last time the delivery wait times for Model 3 in China increased was on September 10, 2024, when all three variants went from 3-5 weeks to 4-6 weeks, according to CnEVPost's monitoring.
The Model Y crossover, another Tesla model produced locally in China, has not seen any changes in its delivery waiting time today. The entry-level rear-wheel-drive Model Y remains at 2-4 weeks, while the long-range all-wheel-drive version remains at 3-5 weeks.
Tesla began selling the updated Model 3 in China on October 19, 2023, initially offering only two lower-priced variants, with deliveries beginning at the end of October.
On June 2, 2024, Tesla began selling the performance variant of Model 3 in China, with deliveries starting in mid-June.
The updated Model Y was launched in China on January 10.
In January-May, Tesla sold 201,926 vehicles in China, a year-on-year decrease of 7.82 percent, according to data compiled by CnEVPost.
Model 3 sold 75,283 vehicles in China from January to May, up 43.81 percent year-on-year, accounting for 37.28 percent of Tesla's total sales in China during the same period.
Model Y sold 126,643 vehicles in China from January to May, down 24.03 percent year-on-year, accounting for 62.72 percent of Tesla's total sales in China during the same period.
Tesla's monthly sales in China have been highly volatile, partly due to the impact of exports, though domestic demand appears to be affected by the increasing number of competing models.
Earlier this month, Tesla relaunched its owner referral program in China, marking the first time the promotional tool has been reintroduced since November 2023.
($1 = RMB 7.1814)
