Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERScut car prices in China for the second time in less than three months on Friday, deepening its discounts in the world's largest auto market as competition picks up and the demand outlook darkens.
On Friday, the U.S. automaker slashed prices for all versions of its Model 3 and Model Y vehicles in China by between 6% to 13.5%, according to Reuters calculations based on the prices shown on the website. The starting price for Model 3, for instance, was cut to 229,900 yuan from 265,900 yuan. The China prices of the Model 3 and Model Y cars are now 24% to 32% lower than in the United States, Tesla's largest market, Reuters calculations showed, due to reasons including different material and labourTesla will sell the Model S Plaid and Model X Plaid in China from 1,009,900 yuan and 1,039,900 yuan, respectively, nearly 10% higher than its U.S. prices, its website showed.
Source: News Formal (newsformal.com)
Shame they can’t do this in the UK.
Nobody wanted them when they were expensive, what makes Elon think a markdown will do the trick?
Nobody want an self combusting Tesla
With the long shut down in China, people cannot afford any new cars?
Well they’re ugly so…
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