Tesla China Reportedly Gearing Up For Model 3 Project Highland Launch
Portfolio Pulse from Benzinga Neuro
Tesla China is reportedly preparing for the launch of the Model 3 Project Highland, with first deliveries potentially as early as September. To attract customers, Tesla is offering an RMB 8,000 ($1098.63) insurance subsidy on Model 3 inventory vehicles and increased insurance incentives for the all-electric sedan. Customers can reserve a Model 3 for RMB 1,000 ($137) and have the option to take delivery of a current generation Tesla Model 3 with all the current incentives or wait for a Model 3 Project Highland unit.
August 18, 2023 | 8:24 am
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Tesla's upcoming launch of the Model 3 Project Highland in China, along with insurance subsidies and incentives, could potentially boost sales and positively impact the company's stock price.
The news of Tesla's upcoming launch of the Model 3 Project Highland in China is directly related to the company's operations and potential sales in the region. The offered insurance subsidies and incentives are likely to attract more customers, potentially leading to increased sales and a positive impact on the company's stock price.
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