Tesla 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.
Tesla 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 on Sunday.
Tesla... Tesla 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 on Sunday. Tesla TSLA also announced it will offer a limited-time insurance subsidy of 8,000 yuan for its entry-level Model 3 in China. After Tesla’s last quarterly production report, in early July, analysts expressed concern about the company’s narrowing margins amid the ongoing price cuts.
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