Ming Zhao is the founder and analyst at 86Research. Ming claims to have good information on Tesla’s China sales.
Tesla China vehicle sales are volatile month to month. Sales and deliveries were good March not so good April then very big in May. The main cause is shipping timing. This has nothing to do with demand. It is supply issue. Shanghai gigafactory production will make supply more regular.
I have China data. It is volatile month to month, eg good March not so good April then very big in May. The main cause is shipping timing. This has nothing to do with demand. It is supply issue! Once GF starts to produce regularly it will be be real read. $tsla https://t.co/SuPKuYHSlx
— Ming Zhao (@mingcalls) May 28, 2019
Ming analyzed some website to get an estimate (guess) of pricing for Tesla Model 3 with the operational Shanghai Gigafactory will be RMB328,000 and will be RMG288,000 after a subsidy. The subsidized price will be US$41,740 with a 6.9 exchange rate. Official Tesla pricing announcement could be made May 31, 2019.
Who can read JavaScript? 🙂 says possible RMB328000? So after 40K subsidy will be 288K, very competitive. $tsla pic.twitter.com/hkXxGQdjdK
— Ming Zhao (@mingcalls) May 28, 2019
This is confirmed. $tsla China will announce China made Model 3 SR price on May 31. Right now a guessing game is on for Chinese fans on social media. pic.twitter.com/5o6ckil3Fe
— Ming Zhao (@mingcalls) May 28, 2019
zero sales tax on MIC Tesla. There is also a subsidy of RMB40K for buyers. This announced price should include tarrif already. (Yes still has tariff despite being made in China)
— Ming Zhao (@mingcalls) May 28, 2019
SOURCES – Ming Zhao Twitter
Brian Wang is a Futurist Thought Leader and a popular Science blogger with 1 million readers per month. His blog Nextbigfuture.com is ranked #1 Science News Blog. It covers many disruptive technology and trends including Space, Robotics, Artificial Intelligence, Medicine, Anti-aging Biotechnology, and Nanotechnology.
Known for identifying cutting edge technologies, he is currently a Co-Founder of a startup and fundraiser for high potential early-stage companies. He is the Head of Research for Allocations for deep technology investments and an Angel Investor at Space Angels.
A frequent speaker at corporations, he has been a TEDx speaker, a Singularity University speaker and guest at numerous interviews for radio and podcasts. He is open to public speaking and advising engagements.
A subsidy and a tariff on the same object. Well, not the first time governments did strange things.
Are the components being made in the US? I guess I just don’t understand the tariff. If it is not something being brought in…by definition…that is not a tariff…just an ordinary tax.
I would think if there is an immense factory, they will be making everything right there…especially as it is cheaper.
Get your stock now! 🙂