To reproduce:
  protected override void OnLoad(EventArgs e)
        {
            base.OnLoad(e);

            InitializeComponent();

            radChartView1 = new RadChartView();
            this.Controls.Add(radChartView1);

            DateTimeContinuousAxis asseX = new DateTimeContinuousAxis();
            LinearAxis asseY = new LinearAxis();

            asseY.AxisType = AxisType.Second;
            asseY.Minimum = 0;
            asseY.Maximum = 200;
            asseY.HorizontalLocation = Telerik.Charting.AxisHorizontalLocation.Right;
            asseY.LabelFormat = "{0} °C";

            LineSeries serie = new LineSeries();

            serie.DataPoints.Add(new CategoricalDataPoint(150, DateTime.Now));
            serie.VerticalAxis = asseY;
            serie.HorizontalAxis = asseX;

            radChartView1.Series.Add(serie);
        }

Workaround is available in the attached project.