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5/1/20

Tesla cuts China-made Model 3 price by 10% to qualify for electric car subsidies

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U.S. electric vehicle maker Tesla Inc said in Friday it has cut the starting price for China-made Model 3 sedans by 10% to qualify for subsidies in the world's biggest auto market. Tesla, which started delivering cars from its $2 billion Shanghai car plant in December, said in a statement it has cut the starting price for its Standard Range Plus Model 3 sedans to 271,550 yuan ($38,463.17), after receiving 20,250 yuan per car as EV subsidies. China had announced plans in 2015 to end su

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Tesla cuts China-made Model 3 price by 10% to qualify for electric car subsidies originally appeared on Autoblog on Fri, 1 May 2020 08:42:00 EDT. Please see our terms for use of feeds.

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