Public Event Detail
Tesla opens orders for made-in-China Model 3, lowers price
Public historical observation from the Merrowstone archive. This page shows event-level context only. Accepted assertions, evidence lineage, and relationship intelligence remain part of the premium research layer.
Historical observations only. No forecasts, recommendations, buy/sell ratings, or portfolio advice.
2019-05-31TSLATeslaAlpha Vantage Newstariff_announcement
Event summary
Tesla has begun taking orders for its made-in-China Model 3 vehicles, setting the base price at 328,000 yuan ($47,523), which is 49,000 yuan cheaper than imported versions. These cars will be built at Tesla's Gigafactory in Shanghai and are expected to be delivered within 6 to 10 months. The move aims to bolster Tesla's competitiveness in China, reduce delivery times, and avoid import tariffs amid trade tensions, especially after a significant drop in deliveries and share prices earlier this year.
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