Tesla cuts prices in China for Model 3, Model Y by up to 13.5%

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Tesla cuts prices in China for Model 3, Model Y by up to 13.5%
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SHANGHAI :Tesla cut prices for all versions of its Model 3 and Model Y vehicles in China by up to 13.5 per cent, according to its Chinese website on Friday, after its December deliveries of China-made cars fell to the lowest point in five months.The U.S. automaker reduced the prices for the models by 6 per ce

SHANGHAI :Tesla cut prices for all versions of its Model 3 and Model Y vehicles in China by up to 13.5 per cent, according to its Chinese website on Friday, after its December deliveries of China-made cars fell to the lowest point in five months.

The starting price for Model 3 was cut to 229,900 yuan from 265,900 yuan, and for Model Y was lowered to 259,900 yuan from 288,900 yuan, the website showed.

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