Tesla has begun manufacturing Model Y vehicles in Shanghai, China, the electric automaker announced Friday.
Pre-sales of the Shanghai-manufactured SUV crossover, which launched on Friday, start at 339,000 yuan ($52,074) for the long range version, and 369,900 yuan ($57,235) for the performance version.
These prices are almost a third cheaper than what Tesla quoted in August.
The discount could lead to high demand for Elon Musk's company in the world's largest car market, which could be crucial to Tesla's success.
Both vehicles come in black, Tesla's standard color in China, whereas Pearl White is the standard color for Tesla vehicles in many of its other markets. Changing the color to white, blue, red, or dark gray adds an extra 8,000 yuan ($1,238) to the price.
The Model Y will be the second Tesla model to be made at its Shanghai factory. The company sold its first Shanghai-made Model 3 vehicles in December 2019, and has announced plans to start manufacturing electric vehicles chargers at the factory.
特斯拉Model Y狂降16万
新年第一天，特斯拉就宣布降价，Model Y长续航版从48.8万元下调14.81万元至33.99万元，Model Y Performance高性能版其售价从53.5万元下调16.51万元至36.99万元。此举可谓是搅乱了“一池春水”，低价杀入市场，特斯拉开年就成为了汽车市场的热议话题。
