Tesla just announced from its official Weibo that it will accept pre-order of the Made in China Model 3. I question why Tesla is making this announcement now. It may certainly damage the Quarter 3 and Quarter 4 sales because some people would rather wait for a cheaper and made-in-China version rather than purchasing their Model 3 now. It looks like the the made-in-China Model 3 preorder date is set May 31, 2019.
UPDATE: Tesla Announces Made In China Model 3 Price and Specs
There is no hint on deposit amount or production time frames. We will report it once we know it.
Think of it this way. These are pre-orders from a plant that is unfinished yet. No equipment, no production. In my opinion, this is not going to help with sales before production begins. I wonder what the demand looks like today?
Tesla will make a big announcement on the subject on May 31 and until then asked the followers and enthusiasts to guess what the price of the made-in-China Model 3 will be. I expect the May 31st announcement to be about the pricing and availability of the Model 3 made in China, but I hope that Tesla will also share a little more and have a different version of pricing for the Chinese market, which is overcrowded by EVs. Yesterday we reported, that according to Bloomberg, Tesla Model 3 made in China is expected to start at $43,400 dollars.
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Torque News thanks Twitter user Vincent, who tweets on Tesla for this tip. If you have car news tips, please send them to us.