Tesla Cuts Price of China-Made Model 3 Cars by 10%
January 03 2020 - 12:28AM
Dow Jones News
By Martin Mou
Tesla Inc. (TSLA) has lowered the starting price of its
China-made Model 3 vehicles by 10% to 323,800 yuan ($46,494),
according to Tesla's Chinese website.
The actual selling price of the model starts at CNY299,050 after
taking into account government subsidies for new-energy vehicles,
the website shows.
Tesla will start delivering the Model 3 cars made in its
Shanghai factory to customers on Jan. 7.
Write to Martin Mou at martin.mou@wsj.com
(END) Dow Jones Newswires
January 03, 2020 00:13 ET (05:13 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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