Tesla to report Q3 production, deliveries as China rebounds

Tesla is set to release third-quarter production and delivery figures this week as a rebound in Chinese registrations and renewed investor enthusiasm collide with continued weakness in Europe and lingering questions about demand. Data compiled for the week of September 15 to September 21 showed 17,200 new insured registrations in China, a 33.2 percent increase from the previous quarter and the company’s third-highest weekly total so far this year, according to analyst Roland Pircher. Analysts expect global deliveries for the quarter to be roughly 447,750 vehicles, based on the consensus forecast.

The stock has surged in recent weeks, rising more than 29 percent over the past month and about 75 percent year to date, fueled in part by Chief Executive Elon Musk’s purchase of about $1 billion in Tesla shares and a new compensation proposal tied to ambitious growth milestones. Market enthusiasm has also been bolstered by the company’s push into autonomous driving and robotics, including the planned release of an updated Full Self-Driving software version this week and early expansions of a robotaxi service. Regulators in Arizona recently approved a semiautonomous ride-hailing...