They claim to have been misled and ended up paying up to 24 per cent more for their cars. Read more at straitstimes.com.
SHANGHAI – Hundreds of Tesla owners gathered at the automaker’s showrooms and distribution centres in China over the weekend, demanding rebates and credit after sudden price cuts they said meant they overpaid for electric cars they bought earlier.
The scheduled expiration of a government subsidy at the end of 2022 also drove many to finalise their purchases. Analysts have said Tesla’s move was likely to boost its sales, which tumbled in December, and force other EV makers to cut prices too at a time of faltering demand in the world’s largest market for battery-powered cars.
He and the other Tesla owners, who said they took delivery in the final months of 2022, said they were frustrated with the abruptness of Friday’s price cut and Tesla’s lack of an explanation to recent buyers. One video, which Reuters verified was filmed at a Tesla store in the south-western city of Chengdu, showed a crowd chanting, “Return the money, refund our cars!”
Analysts have been positive about the potential for Tesla’s price cuts to drive sales growth at a time when it is a year from announcing its next new vehicle, the Cybertruck.
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Tesla cuts prices for Model 3, Model Y in ChinaSHANGHAI : Tesla cut prices for all versions of its Model 3 and Model Y vehicles in China, according to its Chinese website on Friday.The U.S. automaker reduced its starting price for Model 3 to 229,900 yuan ($33,427.84) from 265,900 yuan, and lowered it for Model Y to 259,900 yuan from 288,900 yuan, the
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Tesla cuts prices in China for Model 3, Model Y by up to 13.5%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
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Tesla owners in China protest against surprise price cuts they missedSHANGHAI : Hundreds of Tesla owners gathered at the automaker's showrooms and distribution centres in China over the weekend, demanding rebates and credit after sudden price cuts they said meant they had overpaid for electric cars they bought earlier.On Saturday, about 200 recent buyers of the Tesla Model
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The US keeps offering China its Covid-19 vaccines, but China keeps saying noBeijing has repeatedly said it has enough vaccines. Read more at straitstimes.com.
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Prices of some Tesla models cut in South Korea -officialSEOUL : The prices of some Tesla models in South Korea were cut on Friday, a local Tesla sales official said on Friday. The price of the electric car manufacturer's basic Model 3 rear-wheel drive vehicle was listed as 64.34 million won ($50,637.10) on the company's website on Friday. Its Model Y Long Rang
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