![[Updated] Tesla denies report that it will slash price of China-made long-range Model 3](https://cdn.cntechpost.com/wp-content/uploads/2020/05/8b1796cb9bc8c15d93d945a1b61c72d4.png)
Tesla said the the price of the China-made long-range Model 3, which currently costs 344050 yuan before subsidy, will remain the same.
Earlier today, a Bloomberg report said Tesla will recently cut the price of the China-made long-range Model 3.
On May 1, Tesla China announced a price cut for the China-made Standard Range Model 3, which is 291,800 yuan before subsidy and 271,550 yuan after subsidy.
Earlier today, Tesla announced that the first China-made long-distance rear-drive Model 3 has come off the production line ahead of schedule and will be delivered to consumers recently.
The Model 3 long range rear-wheel drive version (made in China) is priced at 344050 yuan with a range of 668 km.
In addition to the increased range, the Model 3 Long Range Rear Wheel Drive Edition (made in China) comes standard with fully adjustable seat heating and a premium audio system (15 speakers) as standard.
