Tesla China Posts Model S and Model X Official Prices, Estimated Delivery Date
Tesla has announced the official prices of its flagship vehicles in China - the Tesla Model S sedan and the Tesla Model X SUV. The electric vehicle maker also provided an estimate for the new Model S and Model X’s first deliveries in China. Amidst aggressive price cuts for the Model 3 and Model Y in China, this move marks a significant development in the country’s luxury EV market.
The prices of the new Model S and Model X are quite steep compared to their US counterparts. The new Model S starts at RMB 789,900 (about $115,000), while the new Model X starts at RMB 879,000 (about $128,000). The Model S Plaid, on the other hand, starts at RMB 1,009,900 (about $147,000), and the Model X Plaid starts at RMB 1,039,900 (about $151,000).
In comparison, the Model S starts at $104,990 in the United States, while the Model S Plaid is priced at $135,990. The new Model X starts at $120,990 in the United States while the Model X Plaid is priced at $138,990.
The prices of the Tesla Model S and Model X are significantly higher than their US counterparts due to various factors such as import duties, taxes, and other regulatory requirements. Additionally, the Chinese market has a different set of preferences when it comes to luxury vehicles, which may also contribute to the price difference.
Tesla produces the Model 3 and Model Y at Gigafactory Shanghai but still imports the Model S and Model X from the United States as these vehicles are exclusively built at the Fremont Factory. This is one reason why the prices of the Tesla Model S and Model X in China are higher than their US counterparts.
The new Model S and Model X offer various features, including a traditional round steering wheel or the yoke steering system that has been highly praised by CEO Elon Musk. Customers can choose between these two options when purchasing the vehicles.
While a specific delivery date for the new Model S and Model X have not been listed on Tesla China’s official website, the vehicles’ configurator estimates that deliveries of the new flagship premium electric cars would start sometime in the second quarter. This is true for both the Dual Motor AWD and Plaid variants of the Model S and Model X.
The estimated delivery date for the new Model S and Model X suggests that Tesla is planning to ramp up production and meet growing demand in China’s luxury EV market. The company has been expanding its presence in China, with a focus on electric vehicles and sustainable energy solutions.
In 2022, Tesla sold a total of 66,705 new Model S and Model X worldwide, according to the company’s Q4 and FY 2022 vehicle delivery and production report. This number is expected to increase as more customers purchase these luxury EVs in China and other markets.
The introduction of the Tesla Model S and Model X in China marks a significant development for the country’s luxury EV market. With its aggressive price cuts, Tesla aims to make electric vehicles more accessible to Chinese consumers while also expanding its presence in the region.
Tesla has been investing heavily in China, with plans to expand its manufacturing capacity at Gigafactory Shanghai. The company is committed to making sustainable energy solutions available to customers worldwide and sees China as a key market for growth.
The prices of the Tesla Model S and Model X are expected to be competitive in China’s luxury EV market, despite being higher than their US counterparts. With its focus on electric vehicles and sustainable energy solutions, Tesla aims to become a leader in China’s rapidly growing EV market.
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