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Tesla Cuts Model Y Prices In China As It Continues Strategy Of Sacrificing Profit To Gain Market Share

Tesla has once again cut vehicle prices in China. The new price cuts lower the starting price of the Model Y Long Range & Performance by $1,950. The price cuts are expected to further lower Tesla's operating gross profit which is already down 50% in 2023.
United States Elon Musk Tinsae Aregay Courtesy Of Tesla Inc Mercedes Benz North America

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