Tesla Slashes Price For Model 3 Long Range RWD In China Amid Poor Global Sales - Tesla (NASDAQ:TSLA)
Tesla cut the Model 3 Long Range rear-wheel-drive price by 3.7% in China after a 27% sales drop, facing stiff competition from BYD's 225% sales surge, analysts reported.
8 Articles
8 Articles
Tesla trims Model 3 Long Range RWD price in China by RMB 10,000
Tesla has cut the price of its recently introduced long-range rear-wheel drive (RWD) Model 3 in China. The update was implemented by the electric vehicle maker just weeks after the variant’s introduction. Tesla China’s Model 3 lineup The Model 3 RWD Long Range, which carries a CLTC range of 830 kilometers, is now priced from RMB 259,500 ($36,390), down RMB 10,000 ($1,400) from its initial RMB 269,500 ($37,800) price. Deliveries for the updated …
Just three weeks after its launch in China, Tesla has reduced the price of the new Long Range RWD version in China. The American company is facing an increasingly competitive environment with declining sales and must react with new models and price reductions. Will we see this move in Europe? Tesla has announced a 10,000 yuan price cut for the rear-wheel drive Long Range version of the Model 3. This represents an adjustment of approximately 1,40…
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