Tesla Model 3 is priced at less than 150,000 yuan in the United States, which is unexpectedly 90,000 yuan cheaper than in China

Tesla Model 3 is 90,000 yuan cheaper in the United States than in China, priced at less than 150,000 yuan

【PhoneAuto News】As a model that sells very well worldwide, the Tesla Model 3’s price in China is considered reasonable compared to other markets, and it is also one of the lowest-priced regions globally. However, if various subsidies are included in the actual price, the lowest price for Tesla in the American market can even come down to $19,820 USD (approximately RMB 141,200), which is nearly 90,000 yuan cheaper than in China.

Tesla Model 3

Not long ago, Tesla announced on its official website that all versions of the Model 3 can enjoy a federal tax credit of $7,500 USD, even the basic version of the Model 3 priced at $37,820 USD can also enjoy it. In addition, if you live in California, you can further enjoy a subsidy of up to $7,500 USD from the California Clean Vehicle Rebate Project (CVRP). At this point, the price of the car has dropped by $15,000 USD, and it only costs $22,820 USD (approximately RMB 162,600).

The starting price of the Tesla Model 3 in the US market

Of course, enjoying the above two tax incentives requires meeting certain conditions. The federal tax credit does not apply to all individuals and models. The vehicle must be manufactured in the United States, Mexico, or Canada. In addition, it must meet certain battery requirements, but the Model 3 in the US market can enjoy this discount. However, to qualify for the CVRP, you must reside in California or conduct business there. You must also meet specific income eligibility requirements. Those with higher incomes are eligible for a $2,000 USD tax rebate, while those with medium to low incomes can receive a $7,500 USD value-added tax rebate.

If you think this is the lowest price for a Tesla Model 3, you are totally wrong. In the San Joaquin Valley area of California, local consumers can receive an additional $3,000 credit subsidy if they purchase zero-emission vehicles. If you happen to meet all three conditions mentioned above, the final price for a Tesla Model 3 will be only $19,820, which is almost 50% off the official starting price of $37,820.

We will continue to update Phone&Auto; if you have any questions or suggestions, please contact us!

Share:

Was this article helpful?

93 out of 132 found this helpful

Discover more

Auto

Volkswagen brand executive says company needs to cut costs, is this implying layoffs?

【PhoneAuto News】PhoneAuto has noticed that Thomas Schafer, the head of Volkswagen brand, stated on November 27th th...

Auto

Geeky 007's latest interior spy photo exposed. The style is similar to Geeky X, full of technological sense.

【PhoneAuto News】On November 28, PhoneAuto noticed that some people online have exposed the latest spy photos of the...

Auto

Audi Q6 e-tron prototype car unveiled at the sixth Import Expo, expected to be on the market next year.

[PhoneAuto News] Recently, PhoneAuto learned that Audi showcased a new prototype of its all-electric SUV Q6 e-tron at...

Auto

Tesla will go to Thailand to evaluate factory sites and make a decision before the first quarter of next year.

[PhoneAuto News] PhoneAuto noticed that on November 13th, local time, the prime minister of Thailand visited Tesla's ...

Auto

Leapmotor delivered 18,202 vehicles in October, setting a new record high and marking a year-on-year increase of 159%.

【PhoneAuto News】On November 1st, PhoneAuto learned that Leapmotor has announced its market performance for October,...

Auto

Looking up at the U8 sedan with a full tank costing nearly 600 yuan, the car owner says, 'It's very luxurious, worth a million.

[PhoneAuto News] Currently, BYD's new model, the Yuanwang U8, has started to be delivered, but due to limited quantit...