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Tesla (TSLA) is again cutting the prices on its electric vehicle sold in China. The U.S. automaker has announced that it its lowering prices in China for its Model Y long-range and performance version vehicles. Specifically, Tesla has dropped ...
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BEIJING, Aug 14 (Reuters) - Tesla ( TSLA.O ) on Monday cut prices for its Model Y long-range and performance versions in China from Aug. 14, sending its
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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.
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