Tesla Pours Cold Water on Reported Insurance Registrations in China

Photo: @JayinShanghai

Tesla denied claims of its August insurance registrations in China being at the 2,000 level on Weibo on Friday, a figure which had been previously reported by the China Automotive Technology and Research Center (CATARC), according to CNEVPost.

The report from CATARC said Tesla had registered 2,802 insurance units in China in August, though the China Passenger Car Association (CPCA) reported that Tesla’s vehicle sales reached a record of 44,264 units, with 31,379 units exported.

The post from Tesla on Weibo said, “Recently, we have received inquiries from many netizens and media friends about Tesla’s August sales data transmitted online.” The post continued, “I would like to warn all my friends: The so-called ‘Tesla’s insurance number of more than 2,000 vehicles in August’ on the Internet is all false information. Thank you for your attention and support.”

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Last week, a Tesla China source also reported that the insurance registration figures “are definitely not true,” emphasizing the company’s direct sales model. Still, the company did not specify what figures its insurance registrations were at, nor did it specify why the registration data is not true.

The news also comes just days following many of China’s cities were experiencing overflow at their Departments of Motor Vehicles (DMVs), largely crowded with newly-purchased Tesla Model Y units.