Skip to main content

Tesla’s new China-made Model 3 opens for pre-order with a 13% price cut

Tesla’s big bet on China-based production is key to a new effort to lure Chinese consumers with cheaper prices. Today the U.S. firm revealed that its incoming Model 3, which will be produced in China, will sell from 328,000 RMB — that’s around $47,500 and some 13 percent cheaper than its previous entry-level option.

The company opened pre-orders for the vehicle today, although it only broke ground on its Shanghai-based factory in January of this year. Customers who do plonk down cash for a pre-order this week — deposits start from 20,000 RM — can expect to receive their vehicle in 6-10 months, according to Tesla.

Despite the competitive prices, the higher spec Model 3 will continue to be shipped from the U.S, according to Reuters. The publication added that it isn’t clear if the made-in-China Tesla will qualify for EV subsidies from the government.

Beyond China, the Model 3 also went up for pre-order in Australia, Hong Kong, Japan, New Zealand, Ireland and Macau, the company said.

The Shanghai plant is expected to produce 500,000 vehicles per year when it reaches full production. The factory began hiring workers this month after job listings were published online, while videos and photos of the factory taken by Tesla enthusiasts suggest that it is nearing completion.

While it isn’t clear what margins the China-produced vehicles will bring Tesla, local manufacturing will help it avoid challenges around shipping and pricing, an issue that has been exacerbated by the ongoing U.S-China trade war.

Trump’s tariffs could knock Tesla’s Autopilot off course



from TechCrunch https://tcrn.ch/2MfRoGS
Labels:

Comments

Post a Comment

Popular posts from this blog

Bill Gates steps down from Microsoft’s board to focus on philanthropy

In an announcement on Friday, Microsoft revealed that company co-founder Bill Gates has decided to step down from his role on its Board of Directors in order to focus on his philanthropic efforts at the Bill & Melinda Gates Foundation. This is Gate’s biggest change to his role at Microsoft since stepping down as company chairman in February 2014. According … Continue reading from SlashGear https://ift.tt/2We90Gu
Post a Comment
Read more

World Economic Forum launches Global AI Council to address governance gaps

The World Economic Forum is creating a series of councils that create policy recommendations for use of things like AI, blockchain, and precision medicine. Read More from VentureBeat http://bit.ly/2EKBjD4
Post a Comment
Read more

A Mini USB Keyboard That Isn’t A Keyboard

A useful add-on for any computer is a plug-in macro keyboard, a little peripheral that adds those extra useful buttons to automate tasks. [ Sayantan Pal] has made one, a handy board with nine programmable keys and a USB connector, but the surprise is that at its heart lies only the ubiquitous ATmega328 that you might find in an Arduino Uno. This isn’t a USB HID keyboard, instead it uses a USB-to-serial chip and appears to the host computer as a serial device. The keys themselves are simple momentary action switches, perhaps a deluxe version could use key switches from the likes of Cherry or similar. The clever part of this build comes on the host computer, which runs some Python code using the PyAutoGui library. This allows control of the keyboard and mouse, and provides an “in” for the script to link serial and input devices. Full configurability is assured through the Python code, and while that might preclude a non-technical user from gaining its full benefit it’s fair to say that ...
Post a Comment
Read more