Price reduction from Tesla ;Tesla prices drops in the Chinese market
Tesla has lowered prices for certain versions of the Model Y in China.
- Tech
- Agencies and A News
- Published Date: 08:56 | 14 August 2023
- Modified Date: 09:06 | 14 August 2023
Tesla announced that it has reduced the selling prices of the long-range and performance versions of the Model Y in China.
Tesla has lowered the starting prices of both models by 14,000 yuan ($1,934.58). The starting price of the Model Y Long Range has seen a 4.5% decrease to 299,900 yuan, while the starting price of the Model Y Performance has experienced a 3.8% decrease to 349,900 yuan.
Additionally, Tesla also mentioned that it will provide a 8,000 yuan insurance subsidy for those purchasing entry-level, rear-wheel-drive versions of the Model 3 between August 14 and September 30.