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Chinese-built Tesla Model Y goes on sale

Tesla is offering the standard Y for less than its competition, too.

Tesla Model Y

The China-built version of Tesla's latest crossover is now on sale in the Middle Kingdom.

Tesla

Tesla's been hard at work getting its Chinese production up and running at the massive Gigafactory complex outside of Shanghai, and now, according to a report published Thursday by Reuters, that hard work has paid off.

The Big T has begun sales of the Chinese-built Model Y at a starting price of 339,900 yuan (or $52,091.95 at current exchange rates), which is actually only $2,191 more than our version of the Model Y Long Range.

Tesla's pricing strategy for Model Y in the world's largest market for cars is simple: undercut the other guys. That's why Model Y will be slightly cheaper than offerings from Nio, for example, which retails for the equivalent of $56,329.

Interestingly, while Tesla's gets the benefit of China's electric vehicle subsidy, Model Y doesn't qualify because of its price. It's also not totally clear whether there are plans in the works to equip the Model Y with the base Model 3's cheaper lithium-iron-phosphate battery cells, which would, in theory, bring the price down.

Since Tesla doesn't have a PR department, I tweeted at Elon Musk about this, but I'm not holding my breath for a response.

Tesla pulls the wraps off its Model Y crossover SUV

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Kyle Hyatt Former news and features editor
Kyle Hyatt (he/him/his) hails originally from the Pacific Northwest, but has long called Los Angeles home. He's had a lifelong obsession with cars and motorcycles (both old and new).
Kyle Hyatt
Kyle Hyatt (he/him/his) hails originally from the Pacific Northwest, but has long called Los Angeles home. He's had a lifelong obsession with cars and motorcycles (both old and new).

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Kyle Hyatt Former news and features editor
Kyle Hyatt (he/him/his) hails originally from the Pacific Northwest, but has long called Los Angeles home. He's had a lifelong obsession with cars and motorcycles (both old and new).
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