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1/18, 5:30 AM (Source: TeleTrader)
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Tesla starts delivering China-made Model Y cars

Tesla stated on Monday it has started delivering China-made Model Y sports vehicles to its customers in China and noted that owners who placed early orders will be able to pick up their cars very soon.

The China-made Tesla Model Y started with its sale on January 1, with the long-range and performance versions priced at RMB 339,900 ($52,400) and RMB 369,900 respectively ($57,020).

Cui Dongshu, secretary-general at China Passenger Car Association (CPCA), stated earlier that "the pricing will disrupt the conventional premium cars market and shatter the traditional belief that the cost of an electric vehicle (EV) should be higher."

Breaking the News / TF