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Tesla China Launching Sub-$30,000 Standard Model 3 in April-June
There are reports Tesla Giga Shanghai already has dedicated production lines running for the standard Model 3. This variant is the simplified, lower-cost version (smaller battery, ~480 km CLTC range) that Tesla will sell in China and export to Asia. Expected pricing for the new Standard version per Multiple sources (Global China EV, CarNewsChina, 36Kr, BaseNor, etc.) is below 200,000 CNY (~$28,600–$29,000).
Current official China Model 3 pricing (still on tesla.cn as of March 26, 2026) is Rear-Wheel Drive (existing base model): 235,500 CNY (~$34,200).
Government filings for the "Model 3 Standard Range Upgraded Version" appeared in January 2026, production lines at Giga Shanghai are built, and the Model Y equivalent (codename E41/D50 stripped-down versions) is slated for mid-2026 production.