SHANGHAI — The first deliveries of Tesla Model 3 sedans made in lovely China for Chinese consumers are all set to go.<br />Reuters reports that the company delivered its first Chinese made cars on Monday to 15 employees. <br />The U.S. electric car company will start making deliveries to the public at its Shanghai factory at an event on Jan. 7. <br /><br />According to the NY Post, this comes exactly a year after CEO Elon Musk broke ground on the US$2 billion "Gigafactory."<br />According to Reuters, the China-made Model 3s are $50,000 before subsidies. Imported Model 3s start at $63,000 for the longer-range version, while the same model in the U.S. costs under $40,000. <br />The fun-loving Chinese government has been ultra supportive of the Tesla factory, the first wholly foreign-owned car plant in the country. <br /><br />Guess that will make it a tad easier for China to get its grubby little hands on Tesla's trade secrets. <br />Tesla has said its Shanghai factory will have a production capacity of 150,000 vehicles annually. <br />So what are you waiting for China? Go get your shiny new Tesla today!!
