Tesla shares fell after the company announced a fresh round of price cuts for the Model Y in mainland China.
Tesla shares fell after the company announced a fresh round of price cuts in mainland China.
The company had pushed to undercut competitors aggressively in the mainland, competing with domestic automakers to gain market share.Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023.has once again cut prices in mainland China, a competitive move that sent shares sliding as much as 3% in Monday morning trading.
Two Chinese versions of Tesla's Model Y crossover, priced at 299,000 and 349,000 yuan, have been discounted by 14,000 yuan, or around $2,000.
Argentina Últimas Noticias, Argentina Titulares
Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.
Tesla cuts prices for some Model Y versions in China, as price war ramps back upTesla Inc. continued to ratchet up a price war in China, cutting the cost of two versions of its Model Y SUV by about $1,900 each.
Leer más »
Tesla cuts prices in China for some Model Y versionsTesla Inc has cut prices in China for its Model Y long-range and performance versions starting on Aug. 14, the company said in a notice on Monday.
Leer más »
Tesla Preparing To Unveil Model 3 Highland - CleanTechnicaIs Tesla Preparing to Unveil its Rumored ‘Highland’ Model 3?
Leer más »
2023 Tesla Model Y Long Range First Test: Still the One?As rivals have emerged—some excellent—does Tesla’s electric SUV still have the goods?
Leer más »
A Tesla owner took his Model S camping on a 19-day road tripInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Leer más »
Tesla Model S Plaid Amazes In Moose Test: Outperforms Porsche TaycanThe 2023 Tesla Model S Plaid, recently introduced in Europe, achieved an exceptionally good result in a \u0026quot;moose test\u0026quot; conducted by km77.com in Spain.
Leer más »