But sadly the cheapest M3 is still almost $50,000. But it's a step in the right direction.
Recent stories on Tesla in China are difficult to take seriously. We have 2 sources of information - Tesla and China, neither of which I trust to be transparent. Everything else I read on the subject is second-hand information. That and most of it is still conjecture, as are a lot of things Tesla (semi - model Y - pickup truck - you name it).The fact that Tesla is going all-in on China introduces a ton of risk as the Chinese government can just make up rules as they go to make life difficult for Elon and his team (especially in the light of the rules our current administration imposing new tariffs on China). I think he's going to run into the same walls that caused Google to back out of China and Walmart to continue to struggle in China.
20% more for Chinese buyers that is.Just read a news feed story in Yahoo that Tesla has increased the price of its cars 20% as they don't have the margins to absorb the tariff like some of the other companies. That makes their cars 75% more expensive than in the US. Pretty good motivation to start a factory in China. I believe they said the Chinese market accounts for 17% of their sales.
It is interesting that I could simply jump to the front of the line at this point. The Long Range RWD would be the trim I'd want (I'd have to pay $4,000 more for premium upgrades, but oh well), and I'm in California. I have $2,500 just sitting here... hmm...I'm so glad I asked for my $1K back in April 2016. Given their track record with the Model X and Model 3 delays, I'm probably never going to buy a Tesla, unless they deliver the Roadster 2.0 ahead of schedule (and heavily discounted from it's initial insane price point).
Nothing ironic about it, many plunked down 1k for the promised 35k entry level version of the car and they will still have to wait for it.It would be ironic if the people who waited (not reserved with $1,000), get their M3's before those who plunked down the $1,000.