Tesla began accepting orders for the first model made in its still-under-construction Shanghai gigafactory in October. As reported at the time, the Model 3 is priced at about $50,855 (355,800 yuan).
The Elon Musk-led company seems to be running on time with deliveries in spite of hiccups along the way, including its primary battery supplier Panasonic Corporation (OTC: PCRFY) refusing to manufacture the batteries at the Shanghai plant.
Earlier on Thursday, Tesla said that it had reached an agreement with multiple Chinese banks to get up to $1.6 billion in loan for the Shanghai factory over the course of the next few years.
Tesla's shares closed 1.34% higher at $430.94 on Thursday. The shares were further 0.71% up in after-hours trading.