First update in 6 years!Tesla released the new Model 3: starting at 259,900 yuan for sale, some details of delivery in the fourth quarter are updated_Dongfang Fortune

2023-09-01 10:31:33

Tesla’s new Model 3, which has been rumored for a long time, went online “low-key” without any official warm-up.

On September 1, Tesla China’s official website showed that the pre-sale of the Model 3 Huanxin version was launched, and delivery is expected to begin in the fourth quarter of this year.This is the first update of the Model 3 model in six years. The price of the rear-wheel drive version starts at 259,900 yuan, and the price of the long-range all-wheel drive version starts at 295,900 yuan.

Image source: Tesla China official website

According to China Securities Journal, Tesla China introduced that as a smart sports car, the aesthetic design, driving experience, and cockpit interaction of the Tesla Model 3 are all completely renewed.In terms of performance, the Model 3 long-range all-wheel drive refreshed version has a maximum range of 713 kilometers (CLTC estimated value)suitable for long-distance self-driving; the newly adjusted suspension system, combined with a new generation of body stabilization system, can make mountain roads not bumpy and high speed more stable.

In terms of safety, Tesla continues to develop safety features. The new version of Model 3 adds remote airbags, new door hinges, door locks and latches. According to reports, these configurations were only equipped on a very small number of high-end luxury cars before, which can greatly improve the safety of vehicle side collisions . In terms of experience, the Model 3 refreshed version is equipped with two front and rear screens, and the rear passengers can also enjoy entertainment and control some functions of the vehicle. At the same time, the seating system and cabin quietness have also been improved.

Image source: Tesla China official website

A person from Tesla China pointed out,The refreshed version of the Tesla Model 3 brings dozens of new and upgraded configurations. In addition to the intuitively perceived ones, there are also some more imperceptible refreshed details.At the same time, with the launch of the refreshed version of the Tesla Model 3, the car will also work with the Tesla Model Y to accelerate the implementation of Tesla’s vision of “creating a smart electric car that everyone can afford”. In the first quarter of 2023, Model Y has surpassed Toyota Corolla, and as an electric vehicle, it will win the global sales crown for the first time.

Data show that the domestic retail sales of Tesla Model 3 reached 90,000 in the first half of this year, with an average monthly sales of about 15,000, and its domestic sales peaked at one point exceeding 30,000. Perhaps affected by the upcoming launch of the new Model 3, its sales in July were less than 8,000.

According to Tesla’s financial report for the second quarter of 2023, Tesla’s revenue in the second quarter of this year was US$24.927 billion, and the market expected it to be US$24.51 billion, a year-on-year increase of 47%, a new high; net profit (GAAP) was 2.703 billion U.S. dollars, an increase of 20% year-on-year, higher than market expectations of 2.39 billion U.S. dollars; free cash flow was 1.01 billion U.S. dollars, market expectations were 2.18 billion U.S. dollars.

In terms of deliveries, Tesla also set a new record in the second quarter. Previously disclosed data shows that in the second quarter of 2023, Tesla produced a total of 479,700 electric vehicles, an increase of approximately 86% year-on-year; delivered 466,100 electric vehicles, an increase of approximately 83% year-on-year, exceeding market expectations. Tesla’s gross margins came into focus after concerns over its demand eased. According to the financial report, Tesla’s gross profit margin in the second quarter was 18.2%, which was lower than market expectations of 18.8%, and the gross profit margin in the first quarter was 19.3%. This is also Tesla’s lowest gross profit rate in the past three years.

As of the close on August 31 local time, Tesla was trading at $258.08, an increase of 0.46%, with a market value of $819.14 billion.

(Source of article: Daily Economic News)

Article source: Daily Economic News

Original title: First update in 6 years!Tesla released the new Model 3: starting at 259,900 yuan, delivered in the fourth quarter, some details updated

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