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Bloomberg
Tesla Inc is getting close to revealing new prices for the Model 3 in China as it nears local manufacturing of the car.
The Palo Alto, California-based carmaker plans to make an announcement about its China-made Model 3 cars on May 31, Tesla said in a social media posting, inviting people to guess the price of the domestic Model 3 before it’s officially announced.
The company is considering pricing the vehicle between 300,000 yuan ($43,400) and 350,000 yuan before subsidies, according to people familiar with the matter, who asked not to be identified discussing a private matter. The final number is still being finalised, one person said. A Tesla representative declined to comment.
Though it already sells Model 3 vehicles in China, Tesla currently ships all of them from the US, disqualifying the vehicles from Chinese government subsidies and subjecting the cars to import tariffs.