Elon Musk's new program to switch from combustion engines to electric cars features a range of enticing perks, including a free trial of Enhanced Autopilot
While it often seems like Elon Musk's Tesla is trying to limit demand for its vehicles by raising prices, this isn't necessarily the case, and could depend on the market, timing, and a host of other factors. As Tesla works to increase production in the China after the closure of the previous factory, the demand for its electric cars is steadily growing. Meanwhile, the automaker is rolling out a program to further increase orders.
Tesla will switch from combustion engine models to electric cars
According to a recent report by Teslarati, Tesla started a new program in China to convince buyers of combustion engine cars to trade in their vehicles for a new electric car.
For Tesla buyers who participate in the program, there are some attractive incentives available. Information about the new program came from the Shanghai Securities Journal, although Teslarati makes it clear that the newspaper is relying on an anonymous source familiar with the matter, which is typical of much Tesla-related news.
Anyway, the article shares that the new combustion model exchange program will be applied to Tesla vehicles ordered in China from July 1, 2022, and the program will run until the end of the year. In order for buyers to take advantage of the program, they will need to complete and sign a trade-in agreement before receiving their new Tesla.
Tesla announces it will visit customers' homes to evaluate their trade-in vehicle
Model 3 sedans ordered in China are currently estimated to be delivered in about 12 to 20 weeks. Much like the situation in the US, the more expensive versions of the Model 3 seem to be delivered sooner than the entry-level options.
However, the entry-level Model Y may be an exception, estimated to be delivered in less than 10 weeks. Meanwhile, other Model Y variants feature lead times of 12 to 24 weeks, depending on the model.
We can only assume that if this program is successful, the above delivery estimates can be extended even further. Elon Musk's automaker in China is, however, scaling up and upgrading to ramp up production at Giga Shanghai.
Elon Musk's automaker sold 32.165 cars in July, of which 22.340 were exported
Electric cars are becoming popular in China thanks to the government's aggressive promotion of zero-emission cars with subsidies and policies.
For example, buyers of electric vehicles in Beijing can get a subsidy of up to 10.000 yuan (US$1.495).
China is one of the main markets for Elon Musk's Tesla, which is ramping up its production efforts at the Shanghai Gigafactory. To get an idea of the demand there, when the Chinese customer orders a Model 3 manufactured in the country, he needs to wait around 12 to 20 weeks to have the car in his garage, according to local estimates.
