Tesla Price Change
Nio defies Tesla Model Y price cuts in China and delivers record 7,225 units in Jan
The deliveries consisted of 1,660 ES8s, a 6-seater and 7-seater flagship premium smart electric SUV, 2,720 ES6s, a 5-seater high-performance premium smart electric SUV, and 2,845 EC6s, a 5-seater premium electric coupe SUV.
Tesla reduces Model S Plaid price in China by $27k
Tesla has set the Model S Plaid at a starting price of RMB 999,990, ($154,600), down RMB 174,910 ($27,044) from the previous price, Tesla China website showed.
Tesla's price-cutting strategy doesn't fit Nio, says William Li
Every company has a different position and path, and what Tesla is doing may not be right for Nio, according to William Li, founder, chairman and CEO of the Chinese electric car company.
Tesla responds to Model Y price cut in China for first time
Tesla says its move regarding the Model Y in China is not a price cut, but the first sale of the China-made version, according to Beijing News.
Analysts say China-made Model Y has room for 23% price cut
Assuming gross margin remains above 25%, the price is expected to drop 23% to around RMB 260,000, they say.
What do Chinese analysts think of Model Y price cut? We've summarized views of 9 teams
The China-made Model Y is price-competitive, but the new energy vehicle market is not a zero-sum game, said CICC.
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.
Nio refutes claims of massive order cancellations as false news
"The news that the official website system encountered a massive order cancellations is untrue, and we have already launched a complaint against the relevant platform," Nio said.