Tesla Launches Budget Model 3 in Hong Kong and Macau from HK$205,000

On August 30, the Hong Kong and Macau websites of Tesla showed that the company had officially launched a simplified and lower-priced version of the Model 3 in both markets. In Hong Kong, the starting price is HK$205,000 (approximately RMB 175,900), which is 8.5% lower than the previous base model. In Macau, the starting price is MOP 252,000 (approximately RMB 209,800). This version reduces or downgrades certain interior and exterior features, including ambient lighting, interior textile materials, and wheel designs. The official claimed maximum range per charge has been adjusted to 572 kilometers.

In January 2026, a model named "Model 3 Standard Range Plus" entered the catalog of the Ministry of Industry and Information Technology. According to the ministry's website, the "New Energy Vehicle Models Exempt from Vehicle Purchase Tax (Batch 26)" published on December 31, 2025, included six Tesla China models, among them this vehicle. The catalog information shows that this model is equipped with a 52.9 kWh battery and has a CLTC range of 480 kilometers.

Currently, the rear-wheel-drive Model 3 sold in China has a CLTC range of 634 kilometers, indicating that the new model offers reduced range. Additionally, according to public information, the standard Model 3 already launched in the United States has simplified about 20 features compared to the existing version, including removing the full-width light bar at the front and double-layer soundproof glass for windows, changing the exterior mirror adjustment to manual, removing electric seat adjustment, and adjusting powertrain performance accordingly.