Reduced Waiting Time for Tesla’s Base Model 3 in China
Tesla Reduces Wait Time for Entry-Level Model 3 in China to 2-6 Weeks
The wait time for Tesla’s base Model 3 has seen a significant reduction in China, now estimated at 2-6 weeks compared to the earlier range of 6-9 weeks.
The newly revamped Model 3, or Model 3 Highland, has become available for sale in China earlier this month, resulting in shortened wait times.
In China, the latest Model 3 is offered in two variations: a rear-wheel-drive entry-level version and a long-range, all-wheel-drive, dual-motor version. They are priced at RMB 259,900 ($35,520) and RMB 295,900, respectively.
Recent observations by CnEVPost indicate that the waiting period for the entry-level Model 3 has notably decreased to 2-6 weeks from the previous span of 6-9 weeks.
However, the wait time for the long-range Model 3 remains unchanged at 6-9 weeks.
Following its unveiling on September 1, the new Model 3 officially commenced sales in China on October 19, maintaining the same prices as during the pre-sales phase. Deliveries of the updated Model 3 in China began on October 26.
Notably, the Shanghai plant produces two models for Tesla: the Model 3 and the Model Y crossover, with an annual production capacity exceeding 950,000 vehicles, marking Tesla’s largest facility globally.
Tesla launched the updated Model Y in China on October 1, with minor feature enhancements. Deliveries of the three versions of the Model Y — base, long range, and performance — began on October 15, priced at RMB 263,900, RMB 299,900, and RMB 363,900, respectively.
As of now, wait times for the Model Y in China remain consistent: 2-6 weeks for the base and performance versions, and 6-8 weeks for the long-range version.
According to data from the China Passenger Car Association (CPCA), Tesla sold 74,073 vehicles manufactured in China in September. Among these, 30,566 were exported, while 43,507 were delivered within China.
Notably, the Model 3 retail sales in China during September accounted for 4.78 percent of Tesla’s sales in the country, a notable decrease since October 2021, likely due to prospective customers awaiting the updated Model 3 during that period. In contrast, the Model Y constituted 95.22 percent of Tesla’s retail sales in China for September, with 41,428 units sold.