Tesla cuts price of Model Y versions
The Model Y forms part of the stable of vehicles, along with the Model 3, which are the best-sellers for the company
Image credit: Getty Images
Tesla has cut the price of its two higher-end Model Y vehicles in China by CNY14,000 ($1,900) in the latest salvo.
The electric vehicle maker cut the price of its Model Y long-range and performance to CNY299,900 and CNY349,900 respectively, the company announced on Weibo.
The Model Y forms part of the stable of vehicles, along with the Model 3, which are the best-sellers for Elon Musk’s company.
The latest cuts come after the company last year triggered a price war in China that left competitors with little choice to follow suit. Its China deliveries slumped 31 per cent in July to the lowest level this year.
