For the full year 2023, Model Y retail sales in China were up 44.74 percent year-on-year to 456,394 units, while Model 3 sales were up 18.33 percent year-on-year to 147,270 units.
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Customers who ordered a rear-wheel-drive version of the Model 3 that had already been produced between January 1 and January 31 will receive an insurance subsidy of RMB 6,000 yuan. The amount is lower than last month's RMB 8,000.
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Tesla is currently working on preparations for the updated Model Y in China, which could begin mass production as early as mid-2024, according to Bloomberg.
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As of now, the wait times in China for all versions of the Tesla Model 3 and Model Y are 2-6 weeks.
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Model Y retail sales in China in November were up 89.26 percent from October, and Model 3 was up 587.51 percent.
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The Tesla poster didn't provide details, but it seems to be referring to the Model Y's standard-range version being sold out of available capacity for 2023.
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Earlier today, Tesla raised the starting price of the Model Y Long Range in China by RMB 2,000, its fifth price hike in the country in the past month.
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This is a continuation of Tesla's price hike last week, when it raised the prices of the long-range versions of the Model 3 and Model Y slightly on November 9 in China.
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Tesla Model Y retail sales in China were down 36.39 percent in October from September, while Model 3 was up 9.33 percent.
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Prices are going up because of rising costs, and if costs go down, prices could go down, a Tesla staff said.
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