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Delicious: This is what the Tesla model 3 will cost in China




Tesla will announce some details for its Chinese model 3 on Friday, and considering pricing its flagship electric vehicle between US $ 43 400 and 300 000 yuan (US $ 50 700 000) before subsidies, people familiar with the plans told Bloomberg Tuesday.

The American electric car manufacturer (EV) has not yet completed the exact final price of model 3 that will be produced in China, according to one of Bloomberg's sources.

Tesla said in a Chinese social media writes that an announcement about his Chinese model 3 will be made this Friday, May 31, and invited people to guess the price of the locally produced model 3.

Tesla Seller already model 3 in the Chinese market, at prices starting at $ 54,600 (377,000 yuan), shows its site. Currently, all Tesla cars are sold in China made in the United States and then shipped to China, which adds logistics costs, import tariffs, and the risk of further charges if the trade war escalates. The imported Tesla vehicles are also not eligible for subsidies.

Tesla has started building a manufacturing facility in the world's best EV market to compete on equal terms with an increasing number of local EV manufacturers. As a US-produced vehicle, Tesla's cars in China have been subject to steep rates, and sales have suffered from the US-China trade war.

In January of this year, Elon Musk joined the Mayor of Shanghai for the groundbreaking ceremony of Tesla, the first factory outside the United States and in the world's largest electric vehicle (EV) market, China.

Tesla aims to complete the original construction of the Shanghai Gigafactory this summer, begin production of Model 3 by the end of this year, and now high volume production next year, Musk wrote on Twitter on the day of the event.

By Tsvetana Paraskova for Oilprice.com

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