News
Tesla Model 3 Performance targets BMW M3 with ultra-competitive pricing in China
Following an announcement from authorities about the upcoming suspension of extra tariffs placed on vehicles imported from the United States, Tesla has reduced the pricing of some Model S and Model X variants in China. The Model 3, which is expected to start deliveries next year, also received some price adjustments.
As it turns out, the recent price reduction to the Model 3 Performance has made the vehicle incredibly competitive in price against rivals like the BMW M3 and the Mercedes-AMG C 63 Coupe. When Tesla initially allowed Chinese reservation holders to configure their Model 3, the Performance variant was listed with a price of 689,000 RMB (roughly $100,000). With the recent adjustments, though, the Performance variant’s price has been reduced to just 560,000 RMB (around $81,000).
By adopting such a pricing strategy, Tesla has all but made the Model 3 Performance as one of the best bang-for-the-buck sports sedans in the country. After all, the BMW M3 — a vehicle that the all-electric car is competing with — currently sells for 998,000 RMB ($162,000). The Mercedes-AMG C 63 Coupe, another high-performance, luxury sedan competing in the same market, currently costs 1,198,000 RMB ($173,623).
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- The Tesla Model 3 Performance’s current price in China. (Photo: vincent13031925/Twitter)
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- The BMW M3’s price in the Chinese market. (Photo: vincent13031925/Twitter)
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- A screenshot of the Mercedes-AMG C 63 Coupe’s pricing in China. (Photo: vincent13031925/Twitter)
The current prices of the Model 3 Performance, BMW M3 and Mercedes-AMG C 63 Coupe in China. (Credit: vincent13031925/Twitter)
With instant torque, superior 0-60 mph times, free over-the-air updates, and Enhanced Autopilot, the Model 3 Performance’s 560,000 RMB price is nothing short of a bargain. Being an all-electric car, the Model 3 Performance is also a zero-emissions vehicle, making it a perfect fit for China’s aggressive push towards the adoption of EVs. With even its price being an advantage against its rivals, it would not be surprising if the Tesla Model 3 Performance ends up outselling its ICE-powered rivals in China.
Since adjusting the prices of its vehicles, Tesla’s stores in the Asian economic powerhouse have experienced a large influx of customers. Reports from local media outlets, for one, noted that numerous electric car buyers visited Tesla’s retail stores after the Model S and X’s prices were lowered. It did not take long before Tesla began sending out emails to customers apologizing for delays resulting from the increase in demand for its vehicles.
“Dear customers who have been appointed:
Due to the adjustment of tariffs & new pricing, the biz volume in these 2 days is skyrocketing. We will send new contract to everyone tonight. Plz be patient. TY for ur support & love for @Tesla China.”
thx @bruceyanchen $TSLA pic.twitter.com/t4qQ5nv0vh— vincent (@vincent13031925) December 18, 2018
Tesla’s electric cars might already be more affordable with their updated prices, but the company is aiming to lower the cost of its vehicles even further. The electric car maker is currently in the process of building Gigafactory 3, a facility that produces both battery packs and electric cars. Reports from local Chinese media have suggested that the factory would start producing vehicles in the second half of 2019. Two vehicles will be manufactured in Gigafactory 3 — the Model 3 sedan and the Model Y SUV, both of which are set to compete with mainstream local-made EVs.
The construction of Gigafactory 3 is already underway. Recent drone footage reveals that a perimeter fence has been set up in the company’s 864,885-square meter plot of land in Shanghai’s Lingang Industrial Zone. The site has been attracting a lot of interest from the country’s workforce as well, with a recent job fair getting extended due to the overwhelming number of applicants applying for openings on Gigafactory 3.
News
Tesla extends FSD Supervised ride-alongs in Europe by three months
Needless to say, it does appear that FSD fever is starting to catch in Europe.
Tesla appears to be doubling down on its European Full Self-Driving (Supervised) push, with the company extending its demo ride-along program by three months until the end of March 2026. The update seems to have been implemented due to overwhelming demand.
Needless to say, it does appear that FSD fever is starting to catch in Europe.
Extended FSD demonstrations
Tesla EU Policy and Business Development Manager Ivan Komušanac shared on LinkedIn that the company is offering ride-along experiences in Germany, France and Italy while working toward FSD (Supervised) approval in Europe.
He noted that this provides a great feedback opportunity from the general public, encouraging participants to record and share their experiences. For those unable to book in December, Komušanac teased more slots as “Christmas presents.”
Tesla watcher Sawyer Merritt highlighted the extension on X, stating that dates now run from December 1, 2025, to March 31, 2026, in multiple cities including Stuttgart-Weinstadt, Frankfurt and Düsseldorf in Germany. This suggests that the FSD ride-along program in Europe has officially been extended until the end of the first quarter of 2026.
Building momentum for European approval
Replies to Merritt’s posts buzzed with excitement, with users like @AuzyMale noting that Cologne and Düsseldorf are already fully booked. This sentiment was echoed by numerous other Tesla enthusiasts on social media. Calls for the program’s expansion to other European territories have also started gaining steam, with some X users suggesting Switzerland and Finland as the next locations for FSD ride-alongs.
Ultimately, the Tesla EU Policy and Business Development Manager’s post aligns with the company’s broader FSD efforts in Europe. As per recent reports, Tesla recently demonstrated FSD’s capabilities for Rome officials. Reporters from media outlets in France and Germany have also published positive reviews of FSD’s capabilities on real-world roads.
News
Tesla’s six-seat extended wheelbase Model Y L sold out for January 2026
Estimated delivery dates for new Tesla Model Y L orders now extend all the way into February 2026.
The Tesla Model Y L seems to be in high demand in China, with estimated delivery dates for new orders now extending all the way into February 2026.
This suggests that the Model Y L has been officially sold out from the rest of 2025 to January 2026.
Model Y L estimated delivery dates
The Model Y L’s updated delivery dates mark an extension from the vehicle’s previous 4-8 week estimated wait time. A detailed chart shared by Tesla data tracker @Tslachan on X shows the progressions of the Model Y L’s estimated delivery dates since its launch earlier this year.
Following its launch in September, the vehicle was given an initial October 2025 estimated delivery date. The wait times for the vehicle were continually updated over the years, until the middle of November, when the Model Y L had an estimated delivery date of 4-8 weeks. This remained until now, when Tesla China simply listed February 2026 as the estimated delivery date for new Model Y L orders.
Model Y demand in China
Tesla Model Y demand in China seems to be very healthy, even beyond the Model Y L. New delivery dates show the company has already sold out its allocation of the all-electric crossover for 2025. The Model Y has been the most popular vehicle in the world in both of the last two years, outpacing incredibly popular vehicles like the Toyota RAV4. In China, the EV market is substantially more saturated, with more competitors than in any other market.
Tesla has been particularly kind to the Chinese market, as it has launched trim levels for the Model Y in the country that are not available anywhere else, such as the Model Y L. Demand has been strong for the Model Y in China, with the vehicle ranking among the country’s top 5 New Energy Vehicles. Interestingly enough, vehicles that beat the Model Y in volume like the BYD Seagull are notably more affordable. Compared to vehicles that are comparably priced, the Model Y remains a strong seller in China.
Elon Musk
NVIDIA CEO Jensen Huang commends Tesla’s Elon Musk for early belief
“And when I announced DGX-1, nobody in the world wanted it. I had no purchase orders, not one. Nobody wanted to buy it. Nobody wanted to be part of it, except for Elon.”
NVIDIA CEO Jensen Huang appeared on the Joe Rogan Experience podcast on Wednesday and commended Tesla CEO Elon Musk for his early belief in what is now the most valuable company in the world.
Huang and Musk are widely regarded as two of the greatest tech entrepreneurs of the modern era, with the two working in conjunction as NVIDIA’s chips are present in Tesla vehicles, particularly utilized for self-driving technology and data collection.
Nvidia CEO Jensen Huang regrets not investing more in Elon Musk’s xAI
Both CEOs defied all odds and created companies from virtually nothing. Musk joined Tesla in the early 2000s before the company had even established any plans to build a vehicle. Jensen created NVIDIA in the booth of a Denny’s restaurant, which has been memorialized with a plaque.
On the JRE episode, Rogan asked about Jensen’s relationship with Elon, to which the NVIDIA CEO said that Musk was there when nobody else was:
“I was lucky because I had known Elon Musk, and I helped him build the first computer for Model 3, the Model S, and when he wanted to start working on an autonomous vehicle. I helped him build the computer that went into the Model S AV system, his full self-driving system. We were basically the FSD computer version 1, and so we were already working together.
And when I announced DGX-1, nobody in the world wanted it. I had no purchase orders, not one. Nobody wanted to buy it. Nobody wanted to be part of it, except for Elon.
He goes ‘You know what, I have a company that could really use this.’ I said, Wow, my first customer. And he goes, it’s an AI company, and it’s a nonprofit and and we could really use one of these supercomputers. I boxed one up, I drove it up to San Francisco, and I delivered it to the Elon in 2016.”
The first DGX-1 AI supercomputer was delivered personally to Musk when he was with OpenAI, which provided crucial early compute power for AI research, accelerating breakthroughs in machine learning that underpin modern tools like ChatGPT.
Tesla’s Nvidia purchases could reach $4 billion this year: Musk
The long-term alliance between NVIDIA and Tesla has driven over $2 trillion in the company’s market value since 2016.
Tesla extends FSD Supervised ride-alongs in Europe by three months
Tesla’s six-seat extended wheelbase Model Y L sold out for January 2026
