The upgraded Tesla Model 3 has started reaching customers in China, marking a significant milestone for Tesla Inc. TSLA.
What Happened: Celebrations are in order as Tesla commences the first deliveries of the upgraded Model 3. The news was shared by Tesla’s Asia unit on Wednesday, highlighting Shenzhen, Beijing, and Jiaxing as key locations for these initial handovers.
See Also: Toyota Up In Arms Against Tesla’s Groundbreaking Gigacasting Technique In EV Production: Report
Why It Matters: The upgraded Model 3’s launch follows recent speculations regarding a high-performance ‘Plaid’ version of the model that has stirred the Tesla community and has potential implications for the brand’s market positioning in the competitive electric vehicle segment.
In October, a report hinted at the possibility of a ‘Plaid’ version of the Model 3, a designation previously exclusive to the highest-performing versions of the Model S and Model X. References found in an owner’s manual for the new Highland variant of the Model 3, including an image of Ludicrous mode badging and mentions of “Plaid,” suggest that Tesla may be considering extending this high-performance badge to the Model 3.
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