Tesla China Reportedly Gearing Up For Model 3 Project Highland Launch


20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


Tesla (NASDAQ:TSLA) China is reportedly preparing for the launch of the Model 3 Project Highland, reports Teslarati.

Tesla China is setting the stage for the first deliveries of the revamped Model 3, 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.

See Also: Elon Musk Reminds Warren Buffett He Missed Out: ‘Could’ve Invested In Tesla When We Were Worth Basically

The report also mentioned that Tesla is encouraging customers to pay RMB 1,000 (around $137) for a Model 3 reservation. These customers 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.

Customers waiting for a Project Highland unit can purchase it at the current price of the vehicle through reservation, even if the new Model 3 is launched at a higher price. The updated Model 3 is expected to feature a revamped exterior and a new infotainment system.

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Photo by Grzegorz Czapski on Shutterstock


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20-Year Pro Trader Reveals His "MoneyLine"

Ditch your indicators and use the "MoneyLine". A simple line tells you when to buy and sell without the guesswork. It’s a line on a chart that’s helped Nic Chahine win 83% of his options buys. Here's how he does it.


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Posted In: NewsTechMediaGeneralChinaEVsHighland Model 3mobilityModel 3Tesla