Tesla Faces Backlash in China After Price Cuts

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'I feel like I wasted my money.' Unhappy customers threaten Tesla’s image in China after its recent price cuts.

SHANGHAI—Tesla Inc. faces criticisms from Chinese customers complaining that they ended up paying thousands of dollars more for their new cars because they bought before the company’s recently enacted price cuts.

The backlash comes as the electric-vehicle maker is betting heavily on the country by building a factory in Shanghai. Tesla aims to start mass production of the Model 3 sedan next year, and ultimately wants to make 500,000 cars a year here to capitalize on China’s booming market for electric vehicles.

Source: News Formal (newsformal.com)

 

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Good. Tesla is built on carbon credits. It provides no real substance to the marketplace. A common consumer who built a business model on such an illegitimate program would be shut down immediately. Musk is a genius at manipulating the regulators.

Let’s get all the lobbyists out of the legislatures & congress. Special interests always support legislation & policy that benefits their sponsors-even when it harms the greater community. Govt of the People by the People for the People.

TeslaCharts You did! You did!

TeslaCharts “It turned out they were just going to leave us in the lurch and not even respond to our messages.” Yup!

TeslaCharts To compensate you, we’re going to allow you the wonderful opportunity to buy a bunch of garbage for thousands more

TeslaCharts The price cut move shows how utterly CLUELESS elonmusk is. Zero awareness of customer culture especially in the East. TSLAQ. Where are the Titans of Wall Street to take this fraudster down?

somehow they are right. tesla should give something in return to those who paid full price. service o bonuses for more shopping. 🙄

whypad They’re right they did waste their money

How do you slash the price by 50% just after I buy It feels like wastage since the perceived value reduces instantly. That is why Lamborghini rules because once one buys one, they know what it means. That is what other consumers buy: perceived brand value!!!

Ok, charge the Chinese extra.

not familiar with buying a new car and seeing 40% reduction in value as soon as you drive off lot? It is not an investment, it is the opposite a waste of money.

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