/ Industry, News, Tesla / China: will Tesla heat the car luxury war?

China: will Tesla heat the car luxury war?

Linked In Share
China: will Tesla heat the car luxury war?

As news start coming about Tesla more and more from China rather than their usual US place, we start considering if the Model S is ready to compete with the likes of Porsche.

As locally built cars will forego on import duties and other taxes, Tesla’s Model S won’t be able to compete with many of the premium offerings on the Chinese market – like BMW, Audi, Mercedes, Volvo or Cadillac.

But with a retail price of 734,000 yuan ($121,300), after shipping costs, import duties and other taxes add to the US $81,070 base price, the Model S – which CEO Elon Musk praised for not “ripping off” customers in China – might go head to head with offerings from Porsche, for example.

The Porsche 911 base price in China is 753,000 yuan ($123,645), while the best-selling Porsche Cayenne starts at 922,000 yuan ($151,400).

Still, Tesla faces big problems in China: its an electric car that needs to slot itself as a luxury sports car, because electrics haven’t really started gaining much traction in the country. Than, its price, even if wisely slotted to avoid charging an additional arm and leg, is still way bigger than other very sound premium offerings. After that, like in any other country – just that China is way bigger – a good distribution network is key to success – for the year they are aggressively expanding to 10-12 locations, but it’s still very low compared to Porsche, which has 56 locations and plans a two year expansion to 100.

Via Forbes

by Aurel Niculescu (my Google+) - Thursday, February 13th, 2014 - filed under Industry, News, Tesla. Image credit: .
Linked In Share
Related Articles
china growth Model S sales


Discuss: China: will Tesla heat the car luxury war?

Leave a Reply















Inautonews Facebook PageInautonews RSS FeedInautonews TwitterInautonews Youtube Channel

Sign up to receive our email newsletter on your email. It's safe. No spam!

Renault Nissan’s Ghosn predicts better than expected European sales
Renault Nissan’s Ghosn predicts better than expected European salesRenault Nissan chief executive officer Carlos Ghosn has opted to lift his European car market expectations because the European ...
US: Takata executive indicted in long-running price scheme investigation
US: Takata executive indicted in long-running price scheme investigationAn official of the Japanese auto safety parts producer Takata Corp. has been indicted last week for entering rigging prices of ...
FCA sales surge in 2014 on track to meet masterplan
FCA sales surge in 2014 on track to meet masterplanOn the back of record growing sales in the United States, the global delivery quota of Fiat Chrysler Automobiles, Sergio ...
Sauber set for blue and yellow livery – report
Sauber set for blue and yellow livery – reportJan.26 (GMM/Inautonews.com) Sauber looks set to swap its white and grey livery for prominent blue and yellow for the 2015 ...
Mexico on schedule for 2015 return
Mexico on schedule for 2015 returnJan.26 (GMM/Inautonews.com) Organisers of this year's revived Mexican grand prix have announced they are on course to bounce ...
Rosberg predicts more Mercedes dominance
Rosberg predicts more Mercedes dominanceJan.26 (GMM/Inautonews.com) Nico Rosberg has tipped another season of F1 superiority for Mercedes. Last year, as the turbo V6 ...
F1 should think again as ‘myth’ tracks disappear – Imola
F1 should think again as ‘myth’ tracks disappear – ImolaJan.26 (GMM/Inautonews.com) F1's historic venues are struggling to write the next chapters of the sport. Germany looks set to ...
F1 on track for engine change after 2016
F1 on track for engine change after 2016Jan.26 (GMM/Inautonews.com) F1 is on course for a sharp change of direction after 2016. Ferrari boss Maurizio Arrivabene is ...
Renault wants to halve gap to Mercedes in 2015
Renault wants to halve gap to Mercedes in 2015Jan.26 (GMM/Inautonews.com) Boss Cyril Abiteboul has admitted Renault was about 60 horse power down on dominant 2014 title ...
2015 Brussels Motor Show – Dream Cars in more than 100 hi-res images
2015 Brussels Motor Show – Dream Cars in more than 100 hi-res imagesThis year, during the 2015 Brussels Motor Show those who are visiting the motor show will have the possibility to check hall nr ...
Hamilton signs with music PR agency
Hamilton signs with music PR agencyJan.24 (GMM/Inautonews.com) World champion Lewis Hamilton has replaced one entertainment-based management agency with another, ...
Streiff apologises to Todt for Bianchi comments
Streiff apologises to Todt for Bianchi commentsJan.24 (GMM/Inautonews.com) Philippe Streiff has apologised to FIA president Jean Todt. Todt, and the governing body's medical ...
Arrivabene backs Lauda for F1 ‘revolution’
Arrivabene backs Lauda for F1 ‘revolution’Jan.24 (GMM/Inautonews.com) Ferrari has called for a rules "revolution" for formula one in 2017. Upset with the mild tone of ...
Is the auto industry ready for the aluminum revolution?
Is the auto industry ready for the aluminum revolution?While the fact that a vehicle can have aluminum body has come to widespread attention ever since Ford announced that its ...
Volvo’s executive reshuffle should be just the tip of its US revival
Volvo’s executive reshuffle should be just the tip of its US revivalSweden’s Volvo Cars has enjoyed a new lease of life since it was acquired back in 2010 by China’s Geely Holding Group, with ...
Read more automotive news


2013 Frankfurt Motor Show Live Images

2015 Brussels Motor Show Dream Cars 96
Spy-Photo
02-Bike-Sense-cyclist-in-window
Spy-Photo
mercedes amg gt roadster 1
Sebastian Mackensen new MINI Boss
ford mondeo shooting brake 1
2016 honda civic type r spied 1
red volcano mclaren p1 mso 1
black ferrari f40 auction barrett jackson 2015 1
porsche 918 spyder martini black 1
Chevrolet Silverado Midnight Edition 1

More automotive from inautonews
Renault Nissan chief executive officer Carlos Ghosn has opted to lift his European car market expectations because the European Central Bank has embarked on a bond acquisition strategy devised to buoy the lagging economy of the region. According to a company spokesperson, speaking to attendees of ...
read more
Inautonews Editors Section
Is the auto industry ready for the aluminum revolution?
Is the auto industry ready for the aluminum revolution?While the fact that a vehicle can have aluminum body has come to widespread attention ever since Ford announced that its best-selling F-150 truck has ...
NAIAS 2015: the best and worst
NAIAS 2015: the best and worstThe 2015 North American International Auto Show is the perfect sign that USA’s auto industry has recovered fully from the brink of collapse that ...
Cutting-edge technology we could see in vehicles by 2020
Cutting-edge technology we could see in vehicles by 2020While the month of January is not even over yet, the world of automotive industry has already presented itself with two weeks of awe and wonder for ...

Editors Section
Inautonews Editors Section
2012 Safest Cars list 2011 Safest Cars [Video] 2011 IIHS Safest Cars [Video] 2011 EuroNCAP Safest Cars 2010 Safest Cars [Video]

Latest in Safety Euro NCAP: New Skoda Fabia, best in classThe new generation of the Skoda Fabia has been named the safest car in its segment by Euro NCAP, ... Recall roundup: Toyota Prius V for airbag problemsToyota has recently issued a recall for several Prius V models because of a possible problem with ...
Safety Section