Brian Wang There is a report from sources in China that the new Tesla Model 3 will be announced in China on September 1 for a price of RMB199800 (US$27500). Several in the Tesla and Tesla China community are claiming the rumors and leaks are fake or wrong. There are claims that the pictures are real but the pricing is not. A major Youtube channel is revealing an updated Tesla Model 3. It is currently 8:17 AM, September 1, 2023 in China. This kind of announcement could be made first thing in the morning or after markets close. This would means an announcement in minutes to 8 hours (IF the rumor is correct on the date of the announcement.) A Tesla employee said that this is the official image. See you on the official website in 26 minutes! pic.twitter.com/Wox53px6QD August 31, 2023 at 11:51 pm Wow. Between ~$20k and $40k lies ~75% of the auto market, with ~50% from ~20k-$30k! Actually, I think the curve bends close to $10k if Ark had included microcars, which are getting more popular all the time, and allowed much more outside the U.S. But quadracycles like the Citreon AMI or Microlino are not counted as cars in the chart, so it skews high in cost and nearly vertical. But anyway, what’s this doing to Tesla’s margin? That’s what will determine the movement of the stock price on this news. Tesla is, as Musk has pointed out, more than a car company now, but the other things – Semis, Cybertruck, charging stations, Teslabots, are not making a profit yet. FSD will never happen under the current definition of 100% crash-free automated driving. At some point a confluence of acceptable risk, non-driver but also non-manufacturer liability will have to be worked out with insurance and legal systems, and there’s no sign of that happening yet. This problem will have Tesla chasing ever diminishing percentages of accidents per mile at ever increasing costs.