On September 3, a salesperson at a Tesla store in Beijing reportedly told Financial Associated Press reporter that the Tesla Model Y L has already accumulated 120,000 pre-orders since August 19 launch.

He claims that the new SUV has received daily order volume of almost 10,000 units and deliveries to the first orders are under way.

Source: Tesla China

On Tesla China’s official configuration page, the Model Y L priced at 339,000 yuan shows an estimated delivery date of October 2025.

Meanwhile, the single motor and the Long Range dual-motors variants of the regular Model Y indicate an estimated delivery time of 1-3 weeks.

According to insurance registrations, Tesla delivered roughly 7,600 Model Y through the week of August 25-31, a -8% decline from the previous week’s 8,300 deliveries.

Meanwhile, Tesla’s biggest Model Y rival coming from phone maker Xiaomi’s YU7 SUV, have significantly reduced the gap in sales last week as the Xiaomi YU7 delivered 5,500 units to customers, a 41% week-on-week change.

However, we note that those deliveries may not include many Model Y L as deliveries have only begun in recent days. Model Y L likely will help Tesla lift following weeks’ sales, but it remains to see whether it’s enough to compete with Xiaomi’s blockbuster SUV.

As a reminder, the YU7 had received 200,000 pre-orders within the first 3 minutes of launch in China, of which 120,000 were locked-in orders (with non-refundable deposits).

While the Model Y L seems to be gaining strong traction in China, the newly launched 830-km range Model 3 Long Range RWD on August 12 has already received a 10,000 yuan price cut on September 1, potentially due to weak order intake.

Xiaomi’s SU7 sedan delivered 6.300 units through the August 25-31 week, compared to 4,800 Tesla Model 3.