Another video from CES shows up. The Sennheiser rep said in around 1:55 mark "the bass response of this is really amazing". Take it as you will.

Yes

Fang posted more photo and promotional materials on his Weibo.   Source: 1, 2

Fang just announce the final look and price on his Weibo. The price will be $50,000 USD.       Source: Fang's Weibo

I am 100% sure he said the price will not be lower than a ~$45k SUV in his tweet. (Edit: or ~$38k if taken government incentive for plug-in hybrid car into account)

According to the founder and CEO of HIFIMAN on his Weibo (China's version of Twitter). The Shangri-La electrostatic headphone and amplifier combo isn't going to be cheaper than a BYD Tang SUV (MSRP CN¥300,000~250,000 or about $45,750~$38,000 USD).   Source (In Chinese)...

  I found the whole "this will drive the price up" analogy quite hilarious. The top of the line speaker can cost $300,000 or more, and company like Goldmund are selling similar priced turntable. Do you really think a $55,000 headphone + amp combo can drive the price up for those product? and...

Well, only 16 Hennessy Venom GT had ever been sold, so it isn't really qualify as a production car.

  There are some fault in your comparison. You are actually comparing sport car to sedan. Of course they aren't going to put carbon fiber in Rolls Royce since it isn't a sport car. There is nothing inherently that makes luxury product perform less. STAX T2 wouldn't suddenly sound worse if all...