The exchange rate was 6.05 ten years ago.

admin

It takes considerable courage for Tesla to make such pricing strategy. We hope to fairly treat Chinese consumers. If we price Model S in China as twice or more than the US market norm, we can easily do so. But we decided not to follow the norm. Some may mistakenly think that this pricing indicates that the value of Model S is less than its competitors' if they see it. Here's how the formula looks like: 81,070 USD (US Price) + 3,600 USD (Transportation and装卸费) + 19,000 USD (Customs and other taxes) + 17,700 USD (Value-added tax) = 734,000 RMB (Exchange rate of 6.05 yuan per USD). He said he hopes to fairly treat us.