Tesla should reduce the price of Chinese-made Model3 to 300,000 yuan in response to subsidy policies

  Sino-Singapore Online, May 1 (Zhou Zhuoao, Zhang Hengwei) On May 1, Tesla China announced that the price of the upgraded version of the Model 3 standard battery life in China will be adjusted to 291,800 yuan (RMB, the same below), after the subsidy. It is 271,550 yuan.

  Tao Lin, vice president of Tesla's external affairs, said that Tesla hopes that the upgraded version of the Model 3 standard battery life in China will meet China's new energy vehicle subsidy policy.

  Prior to this, the Ministry of Finance, the Ministry of Industry and Information Technology and other four ministries jointly issued the "Notice on Improving the Application of Financial Subsidy Policies for the Promotion and Application of New Energy Vehicles", which set a "price line" of 300,000 yuan. Less than 10,000 yuan (including 300,000 yuan). Through this price adjustment, the upgraded version of the Model 3 standard battery life in China meets the latest subsidy requirements for new energy vehicles in China.

  Tesla's first-quarter financial report shows that with the further growth of Tesla's Shanghai super factory output, the profit margin of Model 3 made in China has greatly improved, and the gross profit margin of Shanghai super factory is close to the level of Model 3 made in the United States. (Finish)