Tesla's china-made model 3 may be priced in $43,400-$50,700 range: bloomberg

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Guests look at a Tesla Model 3 during a ground-breaking ceremony for a Tesla factory in Shanghai on January 7, 2019. STR | AFP | Getty Images Tesla is considering pricing its


China-manufactured Model 3 vehicles between 300,000 yuan and 350,000 yuan ($43,431-$50,670) before subsidies, Bloomberg reported on Tuesday, citing people familiar with the matter. The final


price is still being worked out, Bloomberg said citing a source. The electric carmaker currently ships Model 3 vehicles from the United States to sell in China. Tesla is counting on its


Shanghai factory, which is scheduled to begin production this year, to manufacture Model 3 cars as it seeks to expand its lineup and boost sales in the world's biggest EV market. Tesla


was not immediately available for a comment on the pricing, but an announcement is expected on May 31, according to a social media post by the company.