Tesla launches new Model 3 in China with longer range

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Open this photo in gallery: Visitors look at a Tesla Model 3 electric vehicle at the third China International Consumer Products Expo, in Haikou, Hainan province, on April 12.CASEY HALL/Reuters Tesla TSLA-Q on Friday unveiled a restyled, made-in-China Model 3 with a longer driving range, the first time the automaker has launched a new model in China ahead of the United States. The new model, which is being built at Tesla's Shanghai plant, comes with a starting price 12% higher than the previous, base model in China. It will also be exported to other markets in Asia, Europe and the…

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