Price Change

Xpeng CEO hints confident to deal with Tesla's price cut

"We are quite confident to respond to this price cut by our competitor on New Year's Day, without even having an internal conference call."

Nio founder says Model Y has no impact on orders, no future price cuts

William Li, chairman, founder and CEO of Nio, said that Tesla Model Y has not had an impact on Nio, and that there has been no major change in orders in the past two days.

Analysts say Tesla's price cut more of a boost to China's new energy vehicle industry

CITIC Securities said market concerns about the ongoing price cuts for Tesla models will put a squeeze on other brands, but they see it as more of a boost to the new energy vehicle industry.

Model Y price cut in China seen as major impact on traditional luxury car makers

In the view of an industry association, the significant price cuts for the Tesla Model Y in China will have a huge impact on the luxury car market, not the emerging car makers.

Tesla slashes prices again in China, dropping RMB 23,000 on two Model S models

The Tesla Model S Long Range and Performance editions have both been cut by RMB 23,000 yuan ($3,400), bringing the starting price down to RMB 733,900 and RMB 833,900, respectively, according to information on Tesla's China website.

Why isn't Nio worried about Tesla's frequent price cuts in China?

No other automaker has ever lowered prices as frequently as Tesla. In just one year, the official price of the Model 3 has been slashed by more than RMB 100,000 yuan, faster than the depreciation of used cars.
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