Tesla raises China-made Model 3 prices after EV subsidies cut

  • 📰 Reuters
  • ⏱ Reading Time:
  • 30 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 97%

United States Headlines News

United States Latest News,United States Headlines

U.S. electric vehicle maker Tesla Inc raised prices for two China-made model 3 variants after authorities cut subsidies in the world's biggest auto market.

FILE PHOTO: Tesla China-made Model 3 vehicles are seen during a delivery event at its factory in Shanghai, China January 7, 2020. REUTERS/Aly Song/File Photo

BEIJING - U.S. electric vehicle maker Tesla Inc raised prices for two China-made model 3 variants after authorities cut subsidies in the world’s biggest auto market. China cut subsidies on electric vehicles, effective April 23, but will have a three-month transition period. The starting price for the Shanghai-made Standard Range Model 3 sedans is 303,550 yuan after receiving subsidies, up from 299,050 yuan, while Long Range Model 3 cars, which Tesla plans to roll out from June this year, are now priced at 344,050 yuan versus 339,050 yuan earlier, a Tesla China company website shows.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

They can stay the hell in China. All made in China item should be banned.

Bycot chinese products — soon the world will say

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

All Tesla vehicles, compared: Model S, Model X, Model 3, and Roadster - Business InsiderMy favorite remains the Roadster — but the Model 3 is a close second. I've driven them all and have some thoughts about how they stack up. Love my Dual Motor Model 3. Driven a Model S P100D. Need to get behind the wheel of a Performance Model 3. And of course, I want to launch a 2020 Tesla Roadster. Ma favorite Tesla model is X. Greetings from Florida.
Source: BusinessInsider - 🏆 729. / 51 Read more »

Bank of America downgrades Tesla, citing too high valuation after stock's recent massive runNew for subscribers: Bank of America downgrades Tesla, citing too high valuation after stock's recent massive run Check out CNBCPro for a free trial. ericdavis221 Pro Lol... and of course $tsla is magically up. Been burned too many times shorting it. No position. Have no clue how they expect to sell EV cars or solar panels in a cheap oil environment. Anyone who can afford 1 already likely bought 1! Pro First Tesla 'merged' of sorts with those Italians at fcagroup, now the former Bank of Italy downgrades them. Here's to that third ... 😃 Pro That's nothing
Source: CNBC - 🏆 12. / 72 Read more »

Tesla adds management chief $1.5 trillion Japan pension fund to board - Business InsiderThe former investment banker's appointment to Tesla's board could mark an end to a tumultuous year-and-a-half for Elon Musk's board of directors. SAI who da hell cares ? wtf does this have to do with Corona Epidemic , they can go Tesla themselves into a SpaceX hole and go rocket each other where the sun dont shine
Source: BusinessInsider - 🏆 729. / 51 Read more »