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Continue reading Tesla raises prices a small amount in U.S., China, Japan and Canada
Tesla raises prices a small amount in U.S., China, Japan and Canada originally appeared on Autoblog on Tue, 2 May 2023 08:14:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsTesla's move could help dispel the wait-and-see sentiment of some potential consumers, which could benefit sales in the near term.
Tesla (NASDAQ: TSLA) has raised prices for its entire Model 3 and Model Y lineup in China in a move that appears to be aimed at dispelling consumer wait-and-see sentiment.
Tesla has a factory in Shanghai that makes the Model 3 and Model Y, and their prices in China have all been raised by 2,000 yuan ($289), or less than 1 percent.
The company now offers two versions of the Model 3 in China -- the rear-wheel drive Model 3 and the dual-motor all-wheel drive Model 3 Performance -- and three versions of the Model Y -- the entry version Model Y, Model Y Long Range, and Model Y Performance.
The two versions of the Model 3 currently start at RMB 231,900 and RMB 331,900, respectively, and the three versions of the Model Y start at RMB 263,900, RMB 313,900 and RMB 363,900, respectively.
Expected delivery dates for all of these Tesla models remain unchanged from previous dates, with 1-4 weeks for both versions of the Model 3, 2-5 weeks for both the base Model Y as well as the Model Y Long Range, and 1-4 weeks for the Model Y Performance.
Last month, Tesla lowered the prices of the Model 3 as well as the Model Y in several markets around the world, raising concerns about whether it would lower prices in the Chinese mainland.
On April 15, Grace Tao, Tesla's vice president of external affairs, shared several charts on Weibo showing that all versions of the Model 3 and Model Y available in the Chinese mainland are priced lower than in all other markets.
Tao shared the charts without comment, although the move appears to suggest that Tesla won't be dropping prices in China in the near term.
Tesla's move today could help dispel the wait-and-see mood of some potential consumers, which could benefit sales in the near term.
The electric vehicle maker delivered 76,663 vehicles in China in March, and its Shanghai plant exported 12,206 units, according to the China Passenger Car Association (CPCA).
Retail sales of the Model 3 in China in March were 21,726 units and 54,937 units of the Model Y.
($1 = RMB 6.9121)
Tesla prices: Here's how Model 3 and Model Y compare in China vs other markets
| Date | Model | Prev Price | Change (RMB) | % | Latest Price |
|---|---|---|---|---|---|
| May 2, 2023 | Model 3 | 229,900 | +2,000 | 0.87% | 231,900 |
| May 2, 2023 | Model 3 Performance | 329,900 | +2,000 | 0.61% | 331,900 |
| May 2, 2023 | Model Y | 261,900 | +2,000 | 0.76% | 263,900 |
| May 2, 2023 | Model Y Long Range | 311,900 | +2,000 | 0.64% | 313,900 |
| May 2, 2023 | Model Y Performance | 361,900 | +2,000 | 0.55% | 363,900 |
| Feb 17, 2023 | Model Y Performance | 359,900 | +2,000 | 0.56% | 361,900 |
| Feb 17, 2023 | Model Y Long Range | 309,900 | +2,000 | 0.65% | 311,900 |
| Feb 10, 2023 | Model Y | 259,900 | +2,000 | 0.77% | 261,900 |
| Jan 6, 2023 | Model X Plaid | New | NA | NA | 1,039,900 |
| Jan 6, 2023 | Model X | New | NA | NA | 879,900 |
| Jan 6, 2023 | Model S Plaid | New | NA | NA | 1,009,900 |
| Jan 6, 2023 | Model S | New | NA | NA | 789,900 |
| Jan 6, 2023 | Model Y Performance | 397,900 | -38,000 | -9.55% | 359,900 |
| Jan 6, 2023 | Model Y Long Range | 357,900 | -48,000 | -13.41% | 309,900 |
| Jan 6, 2023 | Model Y | 288,900 | -29,000 | -10.04% | 259,900 |
| Jan 6, 2023 | Model 3 Performance | 349,900 | -20,000 | -5.72% | 329,900 |
| Jan 6, 2023 | Model 3 | 265,900 | -36,000 | -13.54% | 229,900 |
| Oct 24, 2022 | Model Y Performance | 417,900 | -20,000 | -4.79% | 397,900 |
| Oct 24, 2022 | Model Y Long Range | 394,900 | -37,000 | -9.37% | 357,900 |
| Oct 24, 2022 | Model Y | 316,900 | -28,000 | -8.84% | 288,900 |
| Oct 24, 2022 | Model 3 Performance | 367,900 | -18,000 | -4.89% | 349,900 |
| Oct 24, 2022 | Model 3 | 279,900 | -14,000 | -5.00% | 265,900 |
| June 17, 2022 | Model Y Long Range | 375,900 | +19,000 | 5.05% | 394,900 |
| Mar 17, 2022 | Model Y | 301,840 | +15,060 | 4.99% | 316,900 |
| Mar 15, 2022 | Model Y Performance | 397,900 | +20,000 | 5.03% | 417,900 |
| Mar 15, 2022 | Model Y Long Range | 357,900 | +18,000 | 5.03% | 375,900 |
| Mar 15, 2022 | Model 3 Performance | 349,900 | +18,000 | 5.14% | 367,900 |
| Mar 15, 2022 | Model 3 | 265,652 | +14,248 | 5.36% | 279,900 |
| Mar 10, 2022 | Model Y Performance | 387,900 | +10,000 | 2.58% | 397,900 |
| Mar 10, 2022 | Model Y Long Range | 347,900 | +10,000 | 2.87% | 357,900 |
| Mar 10, 2022 | Model 3 Performance | 339,900 | +10,000 | 2.94% | 349,900 |
| Dec 31, 2021 | Model Y | 280,752 | +21,088 | 7.51% | 301,840 |
| Dec 31, 2021 | Model 3 | 255,652 | +10,000 | 3.91% | 265,652 |
| Nov 24, 2021 | Model Y | 276,000 | +4,752 | 1.72% | 280,752 |
| Nov 24, 2021 | Model 3 | 250,900 | +4,752 | 1.89% | 255,652 |
| Nov 19, 2021 | Model 3 | 235,900 | +15,000 | 6.36% | 250,900 |
| Oct 27, 2021 | Model S Long Range | 859,990 | +30,000 | 3.49% | 889,990 |
| Oct 27, 2021 | Model X Long Range | 909,990 | +30,000 | 3.30% | 939,990 |
| Sept 11, 2021 | Model Y Performance | 377,900 | +10,000 | 2.65% | 387,900 |
| Aug 4, 2021 | Model S Long Range | 829,990 | +30,000 | 3.61% | 859,990 |
| Aug 4, 2021 | Model X Long Range | 879,990 | +30,000 | 3.41% | 909,990 |
| Jul 30, 2021 | Model 3 | 250,900 | -15,000 | -5.98% | 235,900 |
| Jul 16, 2021 | Model S Long Range | 799,990 | +30,000 | 3.75% | 829,990 |
| Jul 16, 2021 | Model X Long Range | 849,990 | +30,000 | 3.53% | 879,990 |
| Jul 8, 2021 | Model Y | NA | New | NA | 276,000 |
| May 8, 2021 | Model 3 | 249,900 | +1,000 | 0.40% | 250,900 |
| Mar 24, 2021 | Model Y Long Range | 339,900 | +8,000 | 2.35% | 347,900 |
| Mar 24, 2021 | Model Y Performance | 369,900 | +8,000 | 2.16% | 377,900 |
| Jan 1, 2021 | Model Y Long Range | New | NA | NA | 339,900 |
| Jan 1, 2021 | Model Y Performance | New | NA | NA | 369,900 |
| Jan 1, 2021 | Model 3 Performance | New | NA | NA | 339,900 |
| Oct 1, 2020 | Model 3 | 271,600 | -21,700 | -7.99% | 249,900 |
| Oct 1, 2020 | Model 3 Long Range | 344,050 | -34,150 | -9.93% | 309,900 |
The post Tesla hikes Model 3, Model Y prices slightly in China appeared first on CnEVPost.
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Filed under: Government/Legal,Green,Weird Car News,Tesla,Electric
Continue reading Tesla owner says man set his EV on fire, and Sentry Mode captured it on video
Tesla owner says man set his EV on fire, and Sentry Mode captured it on video originally appeared on Autoblog on Sat, 29 Apr 2023 08:00:00 EDT. Please see our terms for use of feeds.
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Continue reading Elon Musk ordered to testify under oath on Autopilot statements
Elon Musk ordered to testify under oath on Autopilot statements originally appeared on Autoblog on Thu, 27 Apr 2023 08:25:00 EDT. Please see our terms for use of feeds.
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Continue reading Tesla broke U.S. labor law by silencing workers, official rules
Tesla broke U.S. labor law by silencing workers, official rules originally appeared on Autoblog on Wed, 26 Apr 2023 15:21:00 EDT. Please see our terms for use of feeds.
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Continue reading Tesla says its batteries lose 12% of their capacity after 200,000 miles
Tesla says its batteries lose 12% of their capacity after 200,000 miles originally appeared on Autoblog on Wed, 26 Apr 2023 09:04:00 EDT. Please see our terms for use of feeds.
Permalink | Email this | CommentsNIO sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.
Li Auto (NASDAQ: LI) maintained strong sales last week, and NIO (NYSE: NIO) saw a significant rebound, the latest data show.
With 7,200 units sold in the week ending April 23, Li Auto far outpaced other new car-making brands, the automaker said today on Weibo.
With deliveries of the Air versions of the Li L8 and Li L7, Li Auto's weekly sales hit another record high, it said.
Li Auto didn't specify what statistic that sales figure was based on, though apparently, it was insurance registrations. Previously, we had access to those numbers every Tuesday, and Li Auto's practice was to share some of them on Wednesdays.
The main third-party agencies and Weibo bloggers that provide data on auto insurance registrations in China stopped sharing the data this month, but Li Auto continues to share some of it.
This is the first time Li Auto has shared those numbers on a Tuesday, though they weren't taken down to single digits.
Tesla (NASDAQ: TSLA) sold 10,300 units last week, according to the table shared by Li Auto. That was down from 12,500 units the week before and up from 6,973 units in the first week of April.
NIO sold 2,000 units last week, up from 700 the week before and 1,316 in the first week of April.
XPeng (NYSE: XPEV) sold 1,900 units last week, up from 1,300 units and 904 units in the previous two weeks.
Zeekr sold 2,100 units last week, up from 1,600 units the previous week and 1,476 units in the first week of April.
Among luxury brands, Mercedes-Benz, BMW and Audi had the highest sales last week with 15,800, 15,600 and 14,800 respectively, according to data shared by Li Auto.
Insurance registrations for week ending Apr 16: Tesla 12,500, Li Auto 6,300, NIO 700
The post Insurance registrations for week ending Apr 23: Tesla 10,300, Li Auto 7,200, NIO 2,000 appeared first on CnEVPost.
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Tesla is initially opening 10 Supercharger stations in the Chinese mainland for 37 non-Tesla models.
(Image credit: CnEVPost)
Tesla announced today that it is opening its Supercharger network in the Chinese mainland on a pilot basis to other brands of electric vehicles (EVs), following its practice in more than 10 other markets.
The EV maker is initially opening 10 Supercharger stations for 37 non-Tesla models, according to an announcement it posted on WeChat.
Notably, the pilot is currently limited to Beijing and Shanghai, with each city offering five Supercharger stations to participate in the pilot.
The 37 non-Tesla models include the NIO ES6, NIO EC6, XPeng P7, Li Auto Li ONE, Zeekr 001, BYD Han EV, BYD Tang EV, and Polestar 2.
In addition to the Supercharger stations, Tesla has opened 120 destination charging stations on a pilot basis, covering 25 provinces and cities in the Chinese mainland.
To date, Tesla has more than 1,600 Supercharger stations in the Chinese mainland, offering more than 10,000 Superchargers, according to the announcement.
It also has more than 700 destination charging stations in the Chinese mainland, offering more than 2,000 charging piles.
At the end of 2021, Tesla opened its charging network to non-Tesla vehicles on a pilot basis in Europe, and the service is now available to owners in more than 10 countries and regions worldwide, the company said.
Now, owners of non-Tesla-branded EVs in the Chinese mainland can also enjoy an efficient, convenient and dense Tesla charging network, it said.
Tesla hopes its open and innovative business logic will bring together more industry partners to accelerate the world's transition to sustainable energy, it added.
Tesla prices: Here's how Model 3 and Model Y compare in China vs other markets
| Brand | Model |
|---|---|
| Aiways | U5 |
| BMW | i3, iX, iX3 |
| Porsche | Taycan |
| Mercedes-Benz | EQC |
| BYD | Han EV, Tang EV |
| Great Wall Ora | Good Cat |
| Dongfeng Aeolus | E70 |
| Dongfeng Nissan | Sylphy |
| Ford Mustang | Mach-E |
| HiPhi | HiPhi X |
| GAC Aion | LX |
| GAC Toyota | C-HR EV |
| Hozon | Neta U |
| Geely | Emgrand Gse, Geometry A, Geometry C |
| Zeekr | Zeekr 001 |
| Polestar | Polestar 2 |
| Jaguar Land Rover | I-Pace, Range Rover PHEV |
| Seres | SF5 |
| Li Auto | Li ONE |
| Leapmotor | C11 |
| AITO | M5 |
| SAIC | Marvel R |
| FAW Volkswagen | ID.4 Crozz |
| WM Motor | EX5 |
| NIO | EC6, ES6 |
| Volvo | XC40 |
| XPeng | P7 |
| FAW-Audi | e-tron |
| FAW Toyota | IZOA E |
| FAW Hongqi | E-HS9 |
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In the first quarter, China contributed 20.97 percent of Tesla's revenue, up from 18.82 percent in the fourth quarter but down from 24.79 percent in the same quarter last year. | TSLA.US
Tesla's revenue from China continued to grow in the first quarter, although its global revenue declined in the quarter compared to the fourth quarter.
In the first quarter, Tesla's revenue from China was $4.891 billion, up 5.18 percent from a year ago and up 6.86 percent from the fourth quarter of last year, according to a 10-Q filing it made with the US Securities and Exchange Commission today.
The US electric vehicle (EV) maker reported total revenue of $23.3 billion in the global market in the first quarter, up 24.38 percent year-on-year, but down 4.07 percent from the fourth quarter of last year.
This means that in the first quarter, the Chinese market contributed 20.97 percent of Tesla's revenue, up from 18.82 percent in the fourth quarter and down from 24.79 percent in the same period last year.
The US market contributed $11.2 billion, or 48 percent, to Tesla's total revenue in the first quarter.
International markets other than China contributed $7.2 billion, or 31 percent, of Tesla's total revenue in the first quarter.
Tesla announced on April 2 that it delivered 422,875 units worldwide in the first quarter, up 36.39 percent year-on-year and up 4.34 percent from the fourth quarter.
The deliveries beat Wall Street analysts' expectations of 421,200 units, with deliveries of Tesla's cheaper Model 3 with the Model Y exceeding expectations.
Tesla delivered 412,180 Model 3 and Model Y units worldwide in the first quarter, above market expectations of 408,500 units. A total of 10,695 Model S and Model X units were delivered in the first quarter, below expectations of 16,700 units.
In the first quarter, Tesla sold 229,322 China-made vehicles globally, up 25.88 percent from 182,174 in the same period last year, according to data released earlier this month by the China Passenger Car Association (CPCA).
This means that 54 percent of Tesla's global deliveries in the first quarter were made at the Shanghai plant.
In China, Tesla delivered 137,429 vehicles in the first quarter, up 26.90 percent year-on-year, according to data from the CPCA monitored by CnEVPost.
Tesla's Shanghai plant exported 91,893 vehicles in the first quarter, up 24.39 percent year-on-year.
Tesla Model Y best-selling SUV in China in Mar with 54,937 units sold
The post Tesla Q1 revenue from China up 6.86% from Q4 to $4.89 billion appeared first on CnEVPost.
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Continue reading Entry Tesla Model Y will be exported from China to Canada
Entry Tesla Model Y will be exported from China to Canada originally appeared on Autoblog on Mon, 24 Apr 2023 08:11:00 EDT. Please see our terms for use of feeds.
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