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Tesla China’s locally-made Model 3 now qualifies for new government subsidies

The Made-in-China Model 3. (Credit: Tesla China)

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During the recently-held first quarter earnings call, Elon Musk stated that Tesla China would be lowering the price of the Model 3 Standard Range Plus to qualify for government subsidies, which are designed to encourage consumers to purchase electric vehicles. True to Musk’s words, Tesla China did adjust the price of its locally-made electric car, making the Model 3 Standard Range Plus an even more compelling vehicle.

The government requires vehicles to be priced below 300,000 yuan to qualify for the incentive. Following the recent price adjustment, the China-made Model 3 now starts with a base price of 291,800 yuan ($41,318) before options. This translates to a 10% discount over the vehicle’s prior price, according to the electric car maker in a post on Chinese social media platform Weibo. With the subsidies in place, the locally-made Model 3’s price now comes down to 271,550 yuan ($38,451).

The Tesla Model 3 is arguably one of China’s most compelling locally-made electric vehicles. Built in the Shanghai-based Gigafactory 3, the Model 3 could be priced as aggressively as possible by Tesla. This certainly seems to be the case, as hinted at by the company’s quick response to the 300,000 yuan threshold in the recently-announced government incentives. Tesla appears to have more tricks up its sleeve in China as well, as hinted at by CFO Zachary Kirkhorn in the recently held Q1 2020 earnings call.

According to Kirkhorn, the manufacturing costs of the Model 3 in Gigafactory Shanghai is trending lower, which bodes well for the company’s operations in the country. Among the reasons behind Tesla’s decision to establish an electric car factory in China is reduced production and shipping costs. And if the CFO’s comments are any indication, it appears that the electric car maker’s plans are playing out as intended. And there’s more that can still be done to optimize Gigafactory Shanghai.

“On the manufacturing cost portion of the question, the cost of vehicles produced in Shanghai in Q1 is already lower than the cost to produce the Model 3 in Fremont, and there’s still significant opportunity left to take costs out. So fixed cost absorption from higher production volumes, which are occurring in Q2 and will occur through the rest of the year was not fully localized on the supply chain yet.

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“And so while a lot of the supply chain is localized, it’s not complete, and there’s additional opportunities there. And so we’ll continue to bring the price down and expand margin — costs down and expand margin even with this reduction in price that Elon mentioned on the standard range version of the vehicle,” the executive said.

Tesla’s locally made Model 3 has actually seen some success in China. In March alone, Model 3 demand saw a 450% increase in the country, and that’s just a few weeks into China’s relative return to normalcy following the coronavirus outbreak. Images of long lines of Model 3 owners in local DMVs have also populated social media in recent weeks. With government incentives now boosting sales of the Model 3 Standard Range, the electric car maker may very well see even more demand for its mass-market sedan.

Simon is an experienced automotive reporter with a passion for electric cars and clean energy. Fascinated by the world envisioned by Elon Musk, he hopes to make it to Mars (at least as a tourist) someday. For stories or tips--or even to just say a simple hello--send a message to his email, simon@teslarati.com or his handle on X, @ResidentSponge.

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Elon Musk

Tesla Supercharger Diner officially opens: menu, prices, features, and more

Tesla’s Supercharger Diner in Los Angeles is open after seven years in the making.

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tesla diner in los angeles during daytime
Credit: Matt Hartman

Tesla has officially opened its Supercharger Diner in Los Angeles to the public for the first time. It is an 80-Supercharger lot with two movie screens and a full-service 24/7 diner that serves a wide variety of locally sourced food for patrons while they charge or even just stop by.

It is not exclusive to Tesla owners, as anyone can stop by to experience the Diner and movie theater. It officially opened to the public at 4:20 p.m. local time.

In 2018, CEO Elon Musk said he was hoping to build a full-scale 50s era diner that served as a drive-in movie theater. Seven years later, it has officially come to life, and in typical Tesla fashion, it opened at a very appropriate time of day. We heard of people waiting as many as 13 hours for the site to open.

Tesla Diner Menu

BURGERS & SANDWICHES

  • Tesla Burger: $13.5
    • 1/3 lb. prime Brandt Beef with New School American cheese, lettuce, caramelized onions, pickles and Electric Sauce on a Martin’s Potato Roll
    • Add bacon: $3
    • Add Wagyu beef chili: $3
    • Add organic free-range fried egg: $2
    • Sub veggie patty
  • Hot Dog: $13
    • All-beef Snap-o-Razzo hot dog with mustard and onion pickle relish on a Martin’s Potato Roll. Served with fried potatoes
    • Add New School cheese sauce: $1
    • Add Wagyu beef chili: $1
  • Diner Club Sandwich: $13
    • Roasted turkey, Epio Bacon, blistered cherry tomatoes, lettuce, avocado and maple black pepper mayo on toasted Tartine buttermilk bread
  • Tuna Melt: $14
    • Wild-caught albacore tuna salad with New School American cheese and pickles on grilled Tartine buttermilk bread
  • Fried Chicken & Waffles: $15
    • Classic or spicy pickle-brined organic free-range chicken between two buttermilk waffles with maple black pepper mayo
    • Add New School cheese sauce: $1
    • Add bacon: $2
    • Add organic free-range fried egg: $3
    • Sub Martin’s Potato Roll
  • Grilled Cheese: $9
    • New School American cheese on grilled Tartine buttermilk bread
    • Add blistered tomatoes: $1
    • Add Avocado: $1.50
    • Add Epic Bacon: $3

ALL-DAY BREAKFAST

  • Egg Sandwich: $12
    • Two organic free-range scrambled eggs on a Martin’s Potato Roll with Epic Bacon, New School American cheese, baby arugula and Electric Sauce
    • Add avocado: $1.50
    • Substitute waffle Avocado Toast: $11
    • Sliced avocado, lime, tomatoes, pepitas, radish and arugula on toasted Tartine buttermilk bread
  • Greek Yogurt Parfait: $9
    • Strauss Creamery organic Greek yogurt, roasted strawberries, organic gluten-free granola and local honey
  • Breakfast Tacos: $9
    • Organic free-range scrambled eggs, beef chorizo, crispy potatoes and New School American cheese sauce folded inside two Tehachapi Grain Project organic flour tortillas. Served with a side of avocado crema
    • Sub bacon: $1
    • Add avocado: $1.50 Biscuits & Red Gravy: $15
  • Buttermilk biscuit with beef chorizo gravy and an organic free-range fried egg
  • House-Baked Cinnamon Roll: $7
    • Warm, frosted cinnamon roll with flaky salt

SIDES

  • Tallow-fried French fries: $4
    • Make it a cheese fries: $1 extra
    • Make it Wagyu chili cheese fries: $3 extra
  • Hash Brown Bites: $8
    • Crispy, tallow-fried shredded potatoes served with choice of dip
  • Wagyu Beef Chili Cup: $8
    • RC Provisons Wagyu beef chili with diced white onion and New School American cheese sauce
  • Buttermilk Waffle: $5 • Dusted with powdered sugar, served with real maple syrup
  • Market Salad: $10
    • Market kale and arugula, blistered cherry tomatoes, radishes, celery, shredded carrots, avocado, salted pepitas and toasted breadcrumbs.
    • Served with Dilly Ranch
    • Add roasted turkey: $3
    • Add fried chicken: $3.50
    • Add veggie patty: $4.50
    • Add tuna salad: $5
  • Epic Bacon:
    • $12 Four strips of maple-glazed black pepper bacon served with choice of dip

KIDS MENU

  • Kids Burger: $13
    • Prime Brandt Beef with New School American cheese
  • Kids’ Grilled Cheese: $13
    • New School American cheese on grilled Tartine buttermilk bread. No crust
  • Chicken Tenders: $13
    • Made with organic free-range chicken

DESSERTS

  • Soft Serve: $6
    • Chocolate, vanilla or swirl
  • Slice of Pie à la Mode: $12
    • Warm slice of Winston’s apple or pecan pie (gf) served with Valley Ford Creamery softserve a la mode
  • Chocolate Chip Cookie: $5
    • Warm chocolate chip cookie with flaky sea salt

DRINKS

  • Cane sugar sodas: $4 each: Cola, diet cola, lemon-lime, root beer, orange, black cherry or cream.
  • Milkshakes $8
    • Vanilla, chocolate or strawberry. Make it a Pie Shake for an extra $4
    • (apple or pecan).
  • Lemonade: $4
  • Organic Draft Kombucha: $8
  • Drip Coffee: $4
  • Nitro Cold Brew: $4.5
  • Espresso (hot, iced, decaf): $4
  • Cappuccino (hot, iced, decaf): $5.5
  • Latte (hot, iced, decaf): $6
  • Iced Nitro Matcha: $6.5
  • Charged Sodas:
    • Creamsicle: $7
      • Orange soda, cream soda, vanilla foam, fresh orange and orange popping boba
    • Shirley Temple: $7
      • Lemon-lime soda, grenadine, fresh lime and maraschino cherries
    • Lime Rickey: $7
      • Lemon-lime soda and fresh lime
    • Catawba Flip: $7
      • Grape soda, vanilla foam, nutmeg and grapes
    • Dirty Kombucha: $10
      • Citrus kombucha, vanilla foam, fresh orange and lime, maraschino cherries.

Tesla Diner Details

The opening of the Diner was launched by Franz von Holzhausen, Tesla’s Chief Designer:

There is also merchandise available at the Diner, including:

  • Tesla Bot Action Figure
  • Hollywood Retro Diner Tee
  • Tesla Sweets | Supercharged Gummies: Dog Mode Chill, Mango Bolt, and CyberBerry
  • Tesla Diner Trucker Hat
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Elon Musk’s Neuralink posts massive update with new milestone

This is the first time Neuralink has successfully implanted two patients in a single day.

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neuralink link device with white background
(Credit: Neuralink)

Elon Musk’s Neuralink has posted a massive update with a new milestone that puts the company’s progress into perspective. Over the past few years, we have seen tremendous strides in Neuralink’s capabilities.

Now, the company has completed a new first, bringing more hope to the future of this revolutionary technology.

Neuralink’s third brain chip patient shares first video edited with BCI

Neuralink revealed in an update on Monday morning that it has officially completed two implants in a single day, with Patients 8 and 9 both receiving devices over the past weekend.

“Both participants are recovering well and in great spirits,” the company said in the short update. It did not disclose which day the surgeries were completed, but it did state explicitly that they both occurred on the same day:

Musk said that Neuralink’s capabilities could do “life-changing good for ultimately millions, maybe billions, of people.” Right now, it is being used to help combat life-altering diseases, such as ALS, also known as Lou Gehrig’s Disease, as well as cervical spinal cord injuries.

Eventually, Neuralink could resolve things like anxiety, depression, and blindness, among many other ailments.

Its Link device also received FDA recognition for speech restoration earlier this year, marking a significant bit of progress in the program as it explores ways to cure ailments of various natures.

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Elon Musk gives key update on plans for Tesla Diner outside of LA

More Tesla Supercharger Diners are on the way, Elon Musk says, as long as the initial one is successful.

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tesla diner supercharger in los angeles california at night
Credit: Tesla

Elon Musk has given a key update on its plans for the Tesla Supercharger Diner, as the first location in Los Angeles is set to open today, July 21.

The idea for the Supercharger Diner, which resembles a 50s-style eatery with elements of futuristic technology, is seven years in the making. Many wondered whether Tesla would expand its idea for a Supercharger restaurant outside of LA, and now we have an answer directly from Musk.

Elon Musk confirms awesome new features at Tesla Diner Supercharger

The Tesla CEO said that the company will establish these types of experiences “in major cities around the world, as well as at Supercharger sites on long distance routes.”

The Supercharger Diner has plenty of ways to draw in customers, and although the food and merchandise sold at the location will not be a major contributor to Tesla’s balance sheet, where investors want to see it, it could pay off in other ways.

The Diner is not exclusive to Tesla owners, so those who drive gas cars can still stop in for a burger, fries, and a shake while roaming around Los Angeles. The features of the Diner, however, do require a Tesla vehicle.

In-car ordering and movie screens syncing to the center touchscreen are two things that Tesla owners will enjoy that other drivers will not. These might be trivial, but the experience on its own could be a way that some consider buying a Tesla.

It might sound crazy that a singular diner experience would flip someone to buy a car, but it’s not the most outlandish thing we’ve ever come across.

The question is where Tesla will plan to build these Supercharger Diners. Musk has already indicated that Starbase, Texas, will be one location, which fits with one of his other companies, SpaceX.

Austin could be an ideal location, but New York, Miami, Washington D.C., Boston, and plenty of other popular metro areas within the U.S. could see their own diners in the coming years.

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