Tesla Starts Selling the Cheaper Model 3 in China [But Import Duty and Other Costs Still Makes it Expensive]

Tesla Starts Selling the Cheaper Model 3 in China [But Import Duty and Other Costs Still Makes it Expensive]

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Tesla has begun taking orders for a cheaper version of the Model 3 in China. The electric car maker will now start selling the Model 3 Long-Range rear-wheel drive version marked at $64,400, Reuters reports. This is significantly cheaper than the Model 3 Performance which was already available in China starting at $83,000. In the United States, the same car starts at about $63,000. Import Duty Comprises a Big Chunk of the Cost of a Tesla in China Part of the reason for the difference in price is the import duty imposed by China on cars manufactured abroad. After the U.S.-China

Tesla Starts Selling the Cheaper Model 3 in China [But Import Duty and Other Costs Still Makes it Expensive] by CCN