The Tesla Model 3 is a battery-electric sedan, updated in 2024 with the "Highland" refresh. The China lineup runs from a rear-drive version to an 830 km Long Range RWD and a Performance model. Prices start from ¥235,500.
Tesla
American electric-vehicle and clean-energy company founded in 2003. Tesla builds the Model 3, Model Y, Model S, Model X, and Cybertruck, and runs the Supercharger fast-charging network. Its Shanghai factory supplies the Chinese market.
Tesla models
The Tesla Model S is a battery-electric liftback sedan built at Fremont, California since 2012. Tesla ended production in 2026 after a 14-year run, closing out the line with the AWD dual-motor (670 hp, 410 miles/660 km) and the 1,020 hp tri-motor Plaid (368 miles/592 km, 0-60 mph in 1.99s). Final US pricing ran from $94,990 to $109,990.
The Tesla Model X is a battery-electric SUV with falcon-wing rear doors, built at Fremont, California since 2015. Tesla ended production in 2026, closing out the line with the AWD dual-motor (670 hp, 352 miles/566 km) and the 1,020 hp tri-motor Plaid (335 miles/539 km, 0-60 mph in 2.5s). Final US pricing ran from $99,990 to $114,990.
The Tesla Model Y is a battery-electric mid-size SUV, refreshed in 2025 with the "Juniper" update. The China lineup runs from a 593 km rear-drive version to an 821 km Long Range RWD and a six-seat Model Y L. Prices start from ¥263,500.
News about Tesla
Tesla tore down its Fremont, California Model S/X assembly line in just 46 days, closing out 14 years of production that began with the Model S in 2012. The freed floor space is being converted into an Optimus humanoid robot line that Tesla wants scaled to roughly a million units a year, with full-scale output targeted for late July or August 2026.
China has approved new rules requiring physical buttons or switches for safety-related vehicle controls, reversing the touchscreen-only trend led by Tesla and Chinese EV makers. The rules take effect July 1, 2027.
Explainers
Jetta is a Volkswagen brand that exists only in China. AUDI (SAIC) is a separate venture from the Audi with the rings. smart is half Geely, Denza is now entirely BYD, and Leapmotor is part Stellantis. Which car brands in China are joint ventures, why the arrangement exists at all, who holds which half, and which brands exist only inside a venture.
America's car industry comes down to a few big names, and not all of the 'Big Three' are American-owned. Here is who owns what: GM, Ford, the Europe-based Stellantis behind Jeep and Ram, Tesla and the EV newcomers, and the familiar names that are now owned abroad.
Market Data
New-energy vehicles took a record 64.4% of China's retail car sales in July 2026, even as NEV retail itself fell 2% year on year - the seventh straight monthly decline. The record came from combustion collapsing faster than EVs are growing.
The UK's new-car market grew 9.2% in the first half of 2026, but the standout was the Jaecoo 7 - a Chinese SUV that only reached UK showrooms in 2025, and already the country's third best-selling car.
In May 2026 not a single petrol or diesel model made China's top 10 - the first time combustion cars have vanished from the list. It says less about an EV boom than a fuel-car collapse.
Tesla, Inc. was founded in 2003 and delivered its first car, the Roadster, in 2008. The Model S followed in 2012, the Model X in 2015, the Model 3 in 2017, and the Model Y in 2020. The Model Y went on to become one of the best-selling vehicles in the world by the mid-2020s. The company is headquartered in Austin, Texas.
Tesla designs its own electric powertrains, battery systems, and driver-assistance software. In China it builds the Model 3 and Model Y at Gigafactory Shanghai for domestic sale and export, and the Shanghai-built cars run on a mix of LFP and ternary battery chemistries depending on trim. The Supercharger network gives Tesla owners access to high-power DC charging across most major markets.