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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.

Summary by Benzinga
Elon Musk-Led Tesla announced a 3.7% price cut for its Model 3 Long Range Trim in China amid declining global sales.

8 Articles

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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U.S. News broke the news in New York, United States on Sunday, August 31, 2025.
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