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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.
Tesla has launched two new variants of the Model S & X. The Model S & X Standard Range have cheaper starting prices and lower specs going as low as 269-miles EPA range.
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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