
The Chinese version of Tesla’s latest crossover is now on sale in the Middle Kingdom.
Tesla
Tesla has been working hard to put its Chinese production of Model Y into operation at the huge Gigafactory complex outside Shanghai and now, according to a report published on Thursday by Reuters, that hard work was worth it.
Big T started selling Chinese-made Model Y at a starting price of 339,900 yuan (or $ 52,091.95 at current exchange rates), which is actually only $ 2,191 more than our version of the Model Y Long Range.
Tesla’s pricing strategy for Model Y in the world’s largest car market is simple: harm other guys. That’s why Model Y will be a little cheaper than Nio’s offers, for example, which are sold for the equivalent of $ 56,329.
Interestingly, while Tesla’s Model 3 gets the benefit of China’s electric vehicle subsidy, Model Y does not qualify because of its price. It is also not entirely clear whether there are plans underway to equip the Model Y with the cheaper Model 3 lithium iron phosphate battery cells, which, in theory, would lower the price.
Since Tesla doesn’t have a public relations department, I tweeted to Elon Musk about it, but I’m not holding my breath for an answer.