Following price increases for all Model 3 and Model Y variants in Canada last night, Tesla has also raised prices for the entry-level variants for both vehicles in China.
It is also the second time in less than a week Tesla has raised Model 3 prices in China.
This most update increases the Rear-Wheel Drive (RWD) Model 3 from ¥250,900 to ¥255,652. This now makes the entry-level electric sedan nearly ¥20,000 (~$4,000 CAD) more expensive than it was before Tesla raised the price from ¥235,900 on November 19.
The Model Y Long Range (LR) also saw an increase, going from ¥276,000 to ¥280,752.
Unlike the impact of the Canadian price increase, both vehicles still qualify for the China’s new energy vehicle subsidy as they are under the ¥300,000 price limit for the program.
Another big change to the Tesla China website last night was the removal of any references to radar.
This indicates that Giga Shanghai is no longer making cars with radar, and is transitioning the fleet to Tesla Vision, like what happened in North America earlier this year.
BREAKING: Tesla China Price Increase MIC Tesla Model 3 / Y RWD Price Increase by ¥4,752
– Model 3 RWD increased from ¥250,900 to ¥255,652;
– Model Y RWD increased from ¥276,000 to ¥280,752;#Tesla #TeslaChina #Demand $TSLA pic.twitter.com/Jfc9AobDjd
— 42HOW (@42how_) November 24, 2021