On August 30, news broke that Tesla has formally introduced a streamlined, cost-effective Model 3 sedan to the Hong Kong and Macau markets. As per Tesla's official website, the entry-level price for this model stands at HKD 205,000 (roughly equivalent to USD 26,150) in Hong Kong, marking an 8.5% decrease from the price of the former base model. In Macau, the starting price is set at MOP 252,000 (around USD 31,200). This new iteration features a reduction or simplification in certain interior and exterior trim options, yet it boosts the maximum driving range per charge to an impressive 572 kilometers.