Tesla slashes Model Y and Model 3 prices in China
August 14, 2023
Tesla has updated its Model Y prices in China to reduce them on most versions of the electric SUV and offers a new incentive on Model 3.
China remains the biggest EV market in the world and one of the most important markets for Tesla.
Throughout the first half of the year, Tesla initiated a price war in the Chinese EV market with a series of price drops across its entire lineup. However, Tesla…