AutoBeta(AutoBeta.net)08/15 Report--

Price cuts have become one of Tesla's ways to seize the market, after repeated price cuts have increased the brand's market competitiveness and reached monthly sales of more than 10,000 vehicles. Tesla officially responded to the question of when the domestic Model 3 dropped to 250,000 yuan.

Recently, on a Short Video platform, a number of netizens commented on the price reduction under Tesla's official account, one of whom asked,"When can the standard battery life version be 25?" Tesla replied,"Wait for the good news, it's worth looking forward to."

Tesla's hint also makes it possible for the domestic Model 3 to drop to less than 250,000 in the future. If Tesla cuts prices again, it will be a "devastating" blow to domestic new energy brands. Li Xiang, CEO of Ideal Auto, said of Tesla's market advantage in China: "Death."

At present, the price of the upgraded version of the domestic Model 3 standard battery life after enjoying the state subsidy is 271,550 yuan, the NEDC driving range is 445km, and the acceleration of 100 kilometers is 5.6 seconds. The domestic Model 3 long endurance version sells for 344,050 yuan, NEDC driving range is 668km, 100 km acceleration 5.3 seconds.

On July 23, Musk said in Tesla's conference call after the second quarter of 2020 earnings report that local procurement of parts could greatly improve the cost of vehicles produced at the Shanghai plant. At present, the proportion of local procurement is about 40%, and it should reach 80% or even higher by the end of the year. This means that Tesla's domestic Model 3 still has room for further price cuts. The domestic Model 3 is also about to adopt the power battery of Ningde era suppliers.

Tesla's domestic Model 3 sold 11041 vehicles in China in July, exceeding 10,000 for three consecutive months, according to the association.

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