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Tesla signed with the various authorities in Shanghai, a contract for the start-up of a plant with a target production capacity of 500,000. cars supply Chinese media every year. This is a reaction to the trade war against the states with China.
Knews public information portal on Shanghai Media Group public groups will announce that contracts have been signed with the Shanghai city authorities, with the Lingang New City Development Office and the companies Lingang Group. Their negotiation lasted a long time, as Tesla recommended to strengthen its position on this largest market in the world and avoid high costs.
The decision of the California company is an example passed on to buyers, it also seems that other car companies will like it. This is only the first chapter of the story, says Shanghai IHS Markit analyst James Chao, who expects other companies around the world to suffer. this trade war.
China is crucial for Tesla, which quickly consumes cash reserves reach profitably. In May, it decreased by 14 thousand. Dolarw's price of its cars in China after Beijing's rate cut in the momentum, now it increases them by more than 20,000. because of the new EC. The S model in the basic version costs 849,900 yuan ($ 128,779), and in May it costs 710,579 yuan, SUV Model X has a price of 927,200 yuan, previously 775,579.
See also: Tesla droeje en China
thus more than 70 percent higher than those used in the states, where the S model costs 74,500 dollars. Raising prices will hurt sales, but Tesla Tracca's money must do so because it will not result in higher costs CFRA's Efraim Levy
New factory
Tesla will raise prices of his cars during the implementation of the construction plan factories in Shanghai. Dotd has sent about 15,000 to China. cars a year. According to Bloomberg, Elon Musk went to Shanghai on Tuesday and he stays in Beijing on Thursday and Thursday in Beijing
Analysts were divided as to whether higher prices would interest rich Chichts, especially in big cities where the determining factor of social position is owning an e-car Tesla. Tesla's customers are a unique group of wealthy people. I want something more from the brand's image and the product itself, less price worries that Yale Zhang estimates from Automotive Foresight. Chao of IHS Markit, on the other hand, believes that many rich Chichtskis are starting to pay attention to prices.
Rises may be claimed by other companies, BMW recently states that it will not be able to fully cover the upper class, and Daimler will be satisfied that it will be to maintain a competitive position in China
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