Take a look at Tesla’s first-ever Model 3 sedans made in China

Carmaker Tesla has unveiled its first vehicles made in China.

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Assembled in the brand-new $2 million Shanghai Gigafactory, the Tesla Model 3 sedans sport sheen blue paint jobs along with Tesla’s brand name in Chinese characters.

The cars start at around $50,000.

According to Bloomberg, the plant mostly produces cars in small quantities and Tesla is working with local authorities to obtain manufacturing certification by the end of the year.

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Some believe this move marks a milestone for Elon Musk’s company as it prepares to launch sales of the electric sedans in China, the world’s largest auto market.

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Early this month, the Model 3 was approved by New York City's Taxi and Limousine Commission as one of a handful of cars, vans and SUVs permitted to run as a yellow cab.

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Tesla’s stock is up 4 percent on the year and another 4 percent year-to-date.

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