Hello and welcome to the Tuesday, May 28th, 2019 edition of Tesla Daily on

official Tesla Podcast.

My name is Rob Maower. Today we are talking about an upcoming announcement from Tesla in China,

among some other topics.

Tesla stock on the day today did finish down 1.01% to $188.70, this compared to the NASDAQ down 0.39%.

Yesterday on one of Tesla's social media accounts in China, they posted a teaser image with the date of May 31st,

alongside some text that Tesla Rotti roughly translated to, quote,

building up momentum, getting ready to launch." End quote.

That was a little bit more mysterious yesterday, but today we have a little bit more information

because Tesla has continued their social media campaign by releasing a guessing game of sorts for the Chinese made model 3.

That definitely points in the direction of the announcement on May 31st being pricing and

potentially pre-orders as well, maybe even some news on a targeted release date for model 3's produced in China.

Bloomberg cites sources familiar with the matter that the price should range anywhere between

300,000 UN and 350,000 UN,

which would be roughly equivalent to about 43,500

to 50,500 US dollars.

Right now, the imported standard range Plus starts at 377,000 UN, or about 54,500 US dollars.

I'm not sure that Bloomberg's range makes a whole lot of sense because I believe right now the tariffs on

imported vehicles into China are still at 15%. If that is the case, even just

taking that 15% off of the current price on the standard range plus, that

377,000 UN price would drop down to 327,000 UN which is basically just the

midpoint of Bloomberg's estimate.

...