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Tesla Cuts Prices in China

By
Becky Peterson
· · Source: Reuters

Tesla cut the price of its cars in China on Monday, according to Reuters, citing Tesla’s Chinese website. The change follows CEO Elon Musk’s comments during earnings last week that Tesla would miss its vehicle delivery target for 2022 following downward economic trends in China and Europe. The most basic version of Tesla’s Model Y and Model 3 are now listed at as much as a 9% discount, Reuters...

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