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.

 

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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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Tesla slashes Model 3, Model Y prices in China for second time in 3 monthsTesla cut 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. Well they’re ugly so… With the long shut down in China, people cannot afford any new cars? Nobody want an self combusting Tesla
Source: Reuters - 🏆 2. / 97 Read more »