Tesla's insurance registrations in China reached 16,200 last week, marking a 12.5% increase from the previous week and the third-highest this year. This surge suggests Tesla is on track for its best quarter ever in China, with registrations up 15% year-over-year and 25% quarter-over-quarter. Despite competition from domestic automakers, Tesla's Shanghai gigafactory is operating at full capacity, producing the Model 3 and Model Y for both domestic and international markets.