Tesla opens Chinese pre-orders for 3 cheaper models made in China



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Tesla started taking model 3 pre-orders from its new Gigafactory factory in Shanghai, China. Bloomberg reports that cars, available exclusively to order in China, will have a base price of 328,000 yuan (47,510 dollars), or 13% cheaper than the model imported from the United States for a price of 377,000 yuan (54,616 yuan). dollars). Models 3 made in China are the Standard Plus versions of the vehicle with a range of 460 km (286 miles). Tesla has announced plans to begin making deliveries from the Shanghai plant in the next six to ten months.

Tesla began making model 3 shipments to China in March. These locally produced cars will allow the company to avoid import taxes, which are becoming increasingly problematic as the Trump administration's trade war with China intensifies. The company also said that the evolution of production would allow it to accelerate deliveries. CEO Elon Musk described the challenge of shipping his cars from Nevada's only plant to the world as "the most difficult logistics problem [he’s] never seen ", during the company's last call for results.

Parallel to its Chinese ambitions, society ad that it is now accepting pending orders for Model 3 in six other markets; Australia, Hong Kong, Japan, New Zealand, Irelend and Macao.

Tesla is working hard to speed up shipments after a difficult time for the company, which saw its shipments fall from 90,000 to 63,000 in a single quarter. As a result, the company broke its profitable period and recorded a loss of $ 702 million. Earlier this month, Musk said the company would run out of money in 10 months if it did not make "extreme" changes.

Tesla only started building the Shanghai Gigafactory in early January, making the delivery schedule aggressive for even 6 to 10 months, even for Tesla. The longer-range versions of Model 3 and other Tesla vehicles will continue to be imported from the United States instead of being produced in China.

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