Tesla Price Change
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 keeps dropping prices, does Nio need to worry?
In a year or so, the price of the China-made Tesla Model 3 has dropped from nearly RMB 400,000 to RMB 249,900. There's no doubt that an inexpensive, high-quality Tesla has enough momentum to disrupt the EV market, can Xpeng and Nio handle the challenge?
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.