Tesla drops 75D versions of Model S, Model X

Ivan Schwartz
January 12, 2019

The pair met on Wednesday at the Purple Light Pavilion at Zhongnanhai, the office complex of China's top government officials. Li also promised that his country would become increasingly open to more foreign companies and investment. "I really love China, I'm willing to visit here more often", Musk told Li, according to a readout from the meeting.

Li congratulated Musk on kicking off construction of the factory and said the world's second-biggest economy will continue to be a hot spot for foreign investors and welcome all companies.

Can China's electric-car start-up Byton beat Elon Musk's Tesla? It also delivered a total 245,240 cars in full-2018, which is more than Tesla's deliveries for all prior years, the company said.

Tesla declined to comment on the offer.

To this, Li replied: "If this is what you truly have in mind, we can give you a Chinese green card". In contrast, more than 1 million people were granted permanent residency in the United States during 2017.

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Tesla's move to break ground on the factory comes amid the backdrop of an ongoing trade war between Washington and Beijing.

The number of foreigners with Chinese permanent residency crossed 10,000 in 2016, according to state-run China Daily.

The story is similar with the Model X SUV, which now starts at $83,200 for the 75D version, which has a 237-mile range.

Once completed, it will be the first auto plant in China to be wholly owned by a foreign company since Beijing relaxed its restrictions on compulsory joint venture partnerships in some sectors a year ago. China and the US also just wrapped up three days of talks to resolve trade disputes, and officials from both nations have expressed optimism that progress has been made.

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