Tesla releases Model S price for China Market!

[xdguo]

First group of reservation holders received email from Tesla titled with " Thank you for your order" yesterday, with attachment of order agreement. Obviously the pricing is also out at the same time:

Model S 85 (basic) 750,000 YUAN (with VAT) -US$123,000
Model S P85 (basic) 871,800 YUAN (with VAT) -US$143,000, if with all the options(may vary): 1,087,700 YUAN -US$178,300

the email also requires customer to finish their final configuration confirmation before 2/3/2014. I assume that the first delivery might be in April!

 

[772]

The timing sounds about right... thanks for the update!

EDIT: btw, do you know if these are Signature models, or did they get rid of Signatures in China?

 

[xdguo]

The timing sounds about right... thanks for the update!

EDIT: btw, do you know if these are Signature models, or did they get rid of Signatures in China?

as far as I know there is no signature model available in China .

 

[markb1]

First group of reservation holders received email from Tesla titled with " Thank you for your order" yesterday, with attachment of order agreement. Obviously the pricing is also out at the same time:

Model S 85 (basic) 750,000 YUAN (with VAT) -US$12,300
Model S P85 (basic) 871,800 YUAN (with VAT) -US$14,300, if with all the options(may vary): 1,087,700 YUAN -US$178,300

the email also requires customer to finish their final configuration confirmation before 2/3/2014. I assume that the first delivery might be in April!

What do these US$ amounts mean? They don't make sense to me.

 

[dsm363]

What do these US$ amounts mean? They don't make sense to me.

Typos I think.
750,000 Yuan is $123,940

 

[kvietor]

What do these US$ amounts mean? They don't make sense to me.

Missing a zero on the first to figures. ($123,000 and $143,000).

 

[xdguo]

sorry for the typo of the USD price, have corrected with following :
Model S 85 (basic) 750,000 YUAN (with VAT) -US$123,000
Model S P85 (basic) 871,800 YUAN (with VAT) -US$143,000, if with all the options(may vary): 1,087,700 YUAN -US$178,300

 

[eepic]

sorry for the typo of the USD price, have corrected with following :
Model S 85 (basic) 750,000 YUAN (with VAT) -US$123,000
Model S P85 (basic) 871,800 YUAN (with VAT) -US$143,000, if with all the options(may vary): 1,087,700 YUAN -US$178,300

anyone know how this compares to other luxury cars in china? btw thanks for keeping us informed xdguo!!

 

[AmpedUP]

Tesla Blog: A Fair Price...in China

A Fair Price | Blog | Tesla Motors

The latest blog from Tesla. Pricing in China.

 

[wts13]

A Fair Price | Blog | Tesla Motors

The latest blog from Tesla. Pricing in China.

I hope this causes awesome positive reception in the Chinese market.

Hopefully investors understand this logic. Practically everything Tesla does breaks the norm, and there's a reason for that.

 

[clmason]

I hope this causes awesome positive reception in the Chinese market.

Hopefully investors understand this logic. Practically everything Tesla does breaks the norm, and there's a reason for that.

Smart move IMO, this basically assures huge demand.

 

[bkenchan]

Tesla announces price of car in China

Nicely priced!?
http://www.teslamotors.com/blog/fair-price

Will this be good for the stock!? Good for the company for sure that they finally got a price out there in China.

 

[FANGO]

Design studio is supposedly live in China now, anyone read Chinese able to go see if there's any interesting China-only features? I notice no 60kwh...

 

[vgrinshpun]

Wow, Tesla shows how different of a company it is, again. A Fair Price blog entry:

A Fair Price | Blog | Tesla Motors

 

[LuigiV]

Wow, Tesla shows how different of a company it is, again. A Fair Price blog entry:

A Fair Price | Blog | Tesla Motors

Good on you tesla. Hopefully the same holds true for Australian pricing as well.

 

[Benz]

This is a good decision in the light of "Accelerate the Advent of Sustainable Transport".

 

[Benz]

Wow, Tesla shows how different of a company it is, again. A Fair Price blog entry:

A Fair Price | Blog | Tesla Motors

This is a good decision in the light of "Accelerate the Advent of Sustainable Transport".

 

[widodh]

I recommend we continue here: Tesla releases Model S price for China Market!!

Multiple topics covering this. Thanks!

 

[Yggdrasill]

Not entirely surprising, given the pricing strategy in Norway. Tesla could definitely have made more money, both per car and in total, by adding 10-20k USD on top of the prices here, but instead they added a fairly modest amount to the price.

I think the pricing strategy really reflects the long-term goals of Tesla. Tesla isn't in it for short term profits - it's all about building the market in preparation for Gen 3 and beyond. Getting cars on the road, building SC, building a sales and service organisation.

 

[AnOutsider]

Hmm. They didn't need to double the price, but why not add some additional profit in? No one would have blinked at an extra 5-10k thrown in for their troubles. Don't they have to modify it for the market as well?

Either way, hope they've got their production constraints worked out...