Tesla Slashes Prices in China After Deliveries Slump

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Tesla made the steepest price cuts so far on its Model 3 and Model Y cars sold in China, after deliveries of its Shanghai-made cars plunged in December

HONG KONG— Tesla Inc. made the steepest price cuts so far on its Model 3 and Model Y cars sold in China, after deliveries of its Shanghai-made cars plunged in December to cap a challenging year globally for the electric-vehicle maker.

Prices for Tesla’s two most popular electric car models—made at its Shanghai gigafactory—will be reduced by between roughly 6% and 13%, the U.S. car maker said on Chinese social media Friday. Including the latest discounts, Model Y prices now start at the equivalent of around $37,000. The Model 3 starts at roughly $32,700, more than 30% cheaper than the price of a standard Model 3 selling on Tesla’s U.S. website.

Source: News Formal (newsformal.com)

 

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This article is terrible. No other car company has performed as well as tesla. It’s just fear mongering. 2022: 1,313,851 2021: 936,222 2020: 499,550 2019: 367,500 2018: 245,240 2017: 103,097 2016: 76,295 2015: 50,580 2014: 31,655 2013: 22,477 2012: 2,650

Not true…

Twitrer and Elon's 'follow 🐰' is destroying $TSLA

Question: Once taught how to fish why would I continue to buy from a fisherman?

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