Tesla offers rare China inventory discounts to fight sliding Shanghai production sales
Tesla China has launched discounts on its Shanghai-made cars for the first time since the end of 2024, responding to falling deliveries in the world’s largest market for electric vehicles (EVs).
Prices of Model 3 vehicles in inventory would be reduced by 5,000 yuan (US$745) each, while buyers of the Model Y could enjoy a discount of 10,000 yuan per unit, the US carmaker announced on Monday.
The promotions would run until the end of September, Tesla China said in a statement.
“Tesla has been...
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