Thank you for keeping everyone updated, you have been a big help to this group.
Unfortunately this is a big misunderstanding. You has accidentially taken a dialogue out of context. I have checked the Weibo page you quoted, and my colleagues were responding to a question "can you provide a price range of N8 for reference?", so the response "$20K" is supposed to be interprated as a "range" rather than an exact retail price. You have screen captured the auto translation of the reply but has conveniently left out the questions, which is misleading.
I suppose I can't blame you for this kind of misunderstanding as you are quoting auto-translation of a Chinese IM software (which is a lot worse then Google translation), but your statement has alarmed a dozen of dealers and reviewers whom I have discussed with regarding N8, and I had an extremely difficult time trying to explain to them (all of them can't read chinese and they just look at the auto-translation you quoted) that Cayin has not finalised the price for N8 right now. You really has added a lot of workload to an already very busy day.
I'll said this again and please trust me on this:
For example, we need to custom make a lithnium battery for N8 and we have't finalised the dimension and capacity of the battery, so we don't have the molding and unit price of the battery as of today.
That's all for now, 2:20am already and I just set my alarm to 7am, will response to other questions later tomorrow or the day after.