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