According to a report published on Monday by Bloomberg, we might be close to having a definitive answer to that question.

Estimates currently put the base price for a Chinese-built Tesla at 300,000 Yuan, or around $43,400 before EV subsidies, and that’s pretty damned reasonable, considering that the current cheapest imported Model 3 is listed at 377,000 Yuan (or $54,555).

Tesla is planning on making an announcement about its future Chinese-produced cars on May 31, though it’s unclear if the pricing of those cars will be among the items discussed.

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