A Tesla showroom in the Zhejiang provincial capital of Hangzhou in eastern China on April 21, 2020. Photo: dpa

Tesla raises Model 3 sticker price in China after government kicks off three-year plan to rein in rebates to spur competition

  • A Tesla Standard Range Model 3 sedan, assembled at the carmaker’s Gigafactory 3 in Shanghai, will now carry a sticker price of 303,550 yuan (US$42,874), compared with 299,050 yuan a week ago
  • The Long Range Model 3 will be priced 1.5 per cent higher at 344,550 yuan when it arrives in showrooms in June, according to Tesla’s website
Topic |   Tesla
A Tesla showroom in the Zhejiang provincial capital of Hangzhou in eastern China on April 21, 2020. Photo: dpa
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