DeepSeek Launches V4 AI Models with Enhanced Reasoning and 1M Token Context Window 
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
AstraZeneca Q1 2026 Earnings Surge on Strong Oncology and Rare Disease Drug Sales 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
Pershing Square Raises $5 Billion in Landmark U.S. IPO and Share Placement 
Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal 
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S. 
Why Paycom Was Named a 2026 Platinum Employer on the Where You Work Matters List 
Qualcomm Stock Surges Despite Weak Guidance After Q2 2026 Earnings Beat 
Novartis Q1 2026 Earnings Miss Expectations as Generic Competition Pressures Sales 
Google Secures Pentagon AI Deal for Classified Projects 
GameStop Eyes eBay Acquisition as Stock Prices Surge After Hours 
U.S. Cybersecurity Pushes Faster Patch Deadlines Amid Rising AI-Driven Threats 
Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
Seagate Stock Surges After Strong Q3 Earnings Beat and Bullish Outlook 
$16B Michigan Data Center Project Boosts U.S. AI Infrastructure Expansion 
Tesla's delivery centers in China were bustling with activity over the holiday weekend as new incentives and zero-interest loan offers drew large crowds. The Beijing Crab Island Delivery Center, among others, saw a customer surge, highlighting Tesla's continued success in the Chinese market.
Tesla's Beijing Delivery Center Overflows with Customers as Holiday Incentives Boost Sales Activity
Video footage captured a Tesla Delivery Center in China bustling with customers taking deliveries over the weekend. Recent incentives and the holiday bolstered this activity.
On August 10, TslaChan, an X user, shared images and videos from Tesla's Beijing Crab Island Delivery Center, captured during China's Valentine's Day festivities. The center is nearly full of couples and families awaiting delivery on the holiday, as evidenced by the media. This development follows Tesla's recent extension of new incentives and loan offers in the country.
In the photographs and videos, a multitude of individuals are depicted sitting.
Chan observes that the Beijing Crab Island Delivery Center can accommodate over 100 vehicles simultaneously when its entrances are fully stocked. He also shared images of Tesla's Hangzhou Delivery Center on August 10, demonstrating that the lounge areas were similarly crowded with purchasers.
Tesla Sees Record Deliveries in China, Extends Zero-Interest Loan Offer on Model 3 and Model Y
In recent weeks, Tesla has also experienced a surge in delivery volumes in China. The automaker delivered 46,227 vehicles domestically in July from its Gigafactory in Shanghai. The figure is Tesla's most successful first month in a quarter in China, although the company exceeded it in June with 59,261 domestic deliveries to conclude Q2.
Tesla China has recently extended its offer for a five-year, zero-interest loan on Model 3 and Model Y units. The offer will now be available until the end of the month, in addition to the holiday on August 10. The automaker initially extended the offer in late June, and it was scheduled to expire at the end of July.
Tesla's Model Y solidified its position as China's most successful new energy vehicle during the first half of the year. With an impressive 207,817 units sold, the Model Y outperformed the second-best-seller by approximately 30,000. This success is not limited to the local market, as Tesla's Giga Shanghai factory also exports vehicles to neighboring countries, including Australia, New Zealand, and Asia.
