Tesla cuts Model 3 and Model Y prices in China
24 October 2022
Tesla has lowered prices in the Chinese market for Model 3 and Model Y in a clearest sign yet that the demand for its cars is dropping.
- Anonymous
"The Model Y dropped below RMB 300,000 and thus qualifying for EV subsidies." Well, this is a major, no-brainer reason to drop the price and make it up in increased sales.
Production is ramping up again, so I am not certain it's softening sales. More like responding to costs and supplies, and subsidies affecting product choices.
- 24 Oct 2022
- MnN