Tesla Model 3 in China actually turns out to be affordable compared to BMW & Mercedes.

As the import duty for cars from the U.S. decreased from 40% to 15% Tesla was able to lower prices accordingly. The top of the line version of the Model 3 is no longer $100,000 but around $81,200. The non-performance version (AWD, Long-range) is almost $10,000 less.

Those are still high prices, definitely higher than in the U.S., but if you're wondering whether the Model 3 will sell well at such prices, here's an interesting comparison.

Tesla Model 3 offers amazing performance at prices way lower than the top-of-the-line German models from its segment:

  • Tesla Model 3 Long Range AWD - $72,360 (499,000 yuan)
  • Tesla Model 3 Performance - $81,200 (560,000 yuan)
  • BMW M3 - $162,000
  • BMW M4 - $184,000
  • Mercedes Benz C 63 AMG - $173,623
https://twitter.com/vincent13031925/status/1074819343496536064

https://twitter.com/vincent13031925/status/1074803339311771649