Tesla said the the price of the China-made long-range Model 3, which currently costs 344050 yuan before subsidy, will remain the same.

Earlier today, a Bloomberg report said Tesla will recently cut the price of the China-made long-range Model 3.

On May 1, Tesla China announced a price cut for the China-made Standard Range Model 3, which is 291,800 yuan before subsidy and 271,550 yuan after subsidy.

Earlier today, Tesla announced that the first China-made long-distance rear-drive Model 3 has come off the production line ahead of schedule and will be delivered to consumers recently.

The Model 3 long range rear-wheel drive version (made in China) is priced at 344050 yuan with a range of 668 km.

In addition to the increased range, the Model 3 Long Range Rear Wheel Drive Edition (made in China) comes standard with fully adjustable seat heating and a premium audio system (15 speakers) as standard.