Chinese-built Tesla Model Y goes on sale – CNET

Tesla’s been arduous at work getting its Chinese language Mannequin Y manufacturing up and working on the large Gigafactory complicated outdoors of Shanghai, and now, in line with a report revealed Thursday by Reuters, that tough work has paid off.

The Huge T has begun gross sales of the Chinese language-built Mannequin Y at a beginning value of 339,900 yuan (or $52,091.95 at present change charges), which is definitely solely $2,191 greater than our model of the Mannequin Y Lengthy Vary.

Tesla’s pricing technique for Mannequin Y on this planet’s largest marketplace for automobiles is straightforward: undercut the opposite guys. That is why Mannequin Y might be barely cheaper than choices from Nio, for instance, which retails for the equal of $56,329.

Apparently, whereas Tesla’s Mannequin Three will get the advantage of China’s electrical automobile subsidy, Mannequin Y does not qualify due to its value. It is also not completely clear whether or not there are plans within the works to equip the Mannequin Y with the bottom Mannequin 3’s cheaper lithium-iron-phosphate battery cells, which might, in concept, deliver the worth down.

Since Tesla does not have a PR division, I tweeted at Elon Musk about this, however I am not holding my breath for a response.

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