$TSLA This is HUGE if true. This is a 25000€ Model 3. Would you believe that? Crazy. Model 3 currently goes for 29500€ in China, so this is a significant drop. They must’ve done wonders with architecture and materials for such savings. Love it! Especially as a future Model 3 buyer!

Also, pushing Model 3 further down the price should boost the rampup and optimize costs faster than currently with smaller volumes since Model Y is almost cannibalizing sales of Model 3 with such a close pricing.