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(Yicai Global) May 29 -- CITIC Securities estimated that China-made Model 3s will be priced from CNY328,000 to CNY384,000 (USD47,430 up), according to a report from the Securities Journal. The price is 36 percent more than what the cheapest cars in the series cost in the US before subsidies.
Tesla will start taking reservations for its China-made Model 3s at 9 a.m. on May 31, the report added. Tesla lowered its prices to sell Standard Range Model 3s for USD35,000 in the US in February.
Editor: Emmi Laine