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Why compare to BMW, BMW staring at 310k RMB from what I know they are compare to US made SR+ which is less than 40k. also the Chinese M3 most likey not using panasonic battery.
China update:
Looks like the China website orders did some big numbers in about 3 minutes.
The site is slow and Tesla recommends patience or go to a store in person.
Might be an indicator of hefty demand in the first hours of orders.
Thats a fair assumption i would think.But tesla does not qualify for it?
The Model 3 does. The threshold is 60k Euros.But tesla does not qualify for it?
Could be timing a Chinese New Year roll out event potentially.
If you also factor in the delay from Tesla’s optimistic estimates, there is statistically a very high chance that we’ll only see a handful of deliveries to occur by EOY (for PR purposes).
I hope I’m wrong, but I don’t think the markets will be pleased with this given how TSLA is treated.
I hope this is a cautious number to account for potential delays.
Also, if they start production in Q4(Oct), then likely the first couple of months the output will be in the hundreds, not significant enough to post it as a promise to many. If they ramp to 1-2k in Dec as stated in Q1 call, then that's your lower estimate - 6mo. For everybody else besides the first 2k it takes longer.
Why does Tesla publish G3 Model 3 price now? I think one of the reasons is that they want people to stop waiting, “go ahead, just order the US made Model 3, the price difference is not that big...”
Gasoline price in China is much higher than in the US, I think Tesla’s price is still very competitive. They shouldn’t try to price it as low as possible.
I think the 6-10 months is conservative.
The last thing Tesla want to do is overpromise. I like this underpromise.
Plus, the longer people have to wait, the more likely they will buy imported version now.
The saving of driving a EV in China is substantial.
Basically, if you charge at home, the cost per km (or per mile, doesn't matter) is about 10% of gas.
In Shanghai, electricity cost can be 0.33 CNY per KW, which is about 0.05 dollar.
And that would translate to 0.05 CNY per KM, which is about 0.007 dollar per KM,
I'll say that again.
That is 0.7 US cent per km, or 1.1 US cent per mile, which is crazy.
The Model 3 does. The threshold is 60k Euros.
Thats a fair assumption i would think.
Funny thing if they disqualify Tesla explicitly because it is not a German company, Germans will delighted and much of American establishments too. I would think much of the US media will actively persuade the Germans to disqualify Tesla
I thought the Model 3 was disqualified because it was ~1 inch too long.
What is price per mile for gas for a bmw in Shanghai? I forgot the recent price per liter but I remember it wasn’t cheap.
Ok, just realised I’ve been successfully FUDded.
Was reading yesterday, can’t recall where, that the Chinese price had to come in below the ‘psychological’ barrier of 300,000 yuan. Somebody worked out the new price point and planted the ‘fail’ in my head.
The actual price of 328,000 is still 50,000 yuan below the import price. There’s nothing shabby about that at all. With pricing now out there, orders will likely flow both ways. Impatient buyers to whom 50,000 yuan is not so much will import immediately. Those to whom 50,000 is significant and who wish be head of the queue will place a GF3 order.
I’m back to viewing this event as a potential catalyst. Staying well tuned for more reports. Some in-store video would be revealing.
Different countries, different eras.Let’s Close US economy, Lets raise tariffs to 50% on all goods coming to USA, this strategy is similar to India soon after independent from British, No foreign corporations, No importing goods, there was no progress in India for some 30 years due to this type of policy.
It is a catalyst only if Tesla gets a very high number of orders and reports it. Not holding my breath, but would be nice.I’m back to viewing this event as a potential catalyst. Staying well tuned for more reports. Some in-store video would be revealing.
Come on, don't say that is FUD, it was I who said 300,000 is a psychological barrier
And my logic still stands. If price is below 300K, sales will be off the chart.
But right now, the 328K price tag encourages people to go for the 377K imported version.
Also, Model 3 from Giga Shanghai should be eligible for subsidy (not confirmed, could be wrong, but in theory yes), which will indeed make it sub 300K. But for the same reason, Tesla will not tell people until delivery is near.
And when the subsidies fade out completely by then end of next year, Giga Shanghai will surely have finished the ramp, and could drop price a little bit.
Another thing I want to point out to you is that 328K does not include Autopilot, which is 27,800 yuan.
So your 50,000 difference is actually about 20,000, and that's why many people are not happy, but I think they will get past that.
And my logic still stands. If price is below 300K, sales will be off the chart.