Tesla CEO Elon Musk predicts that more than half of new electric production in the US will be electric in probably 10 years and China will probably be ahead of that because China has been super pro-EV. China’s EV policy is way ahead of the US. China’s mandate for renewable energy far exceeds the US. China is by far the most aggressive in terms of electric cars and solar energy.
On May 2, Tesla China's official website showed that the price of Tesla Model 3 and Model Y models increased by 2,000 yuan across the board. After the price increase, the price of Tesla Model 3 in China rose to 231,900 yuan, the high-performance version of Model 3 rose to 331,900 yuan; the price of Model Y in China rose to 263,900 yuan, and the long-range version of Model Y rose to 313,900 yuan, and the Model Y high-performance version rose to 363,900 yuan.
It is worth noting that after the release of the first quarter financial report, Tesla said that it expects the company's vehicle costs to continue to decrease, due to the increase in production efficiency of the new factory and the reduction in logistics costs, etc., and the company's product pricing will continue to be affected by multiple factors.
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