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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.

Tesla delivers more than 180,000 units in Q4, China-made Model Y to be delivered soon

Tesla delivered 180,570 units in the fourth quarter and saw 499,550 cumulative deliveries in 2020. It's a new milestone for the electric car maker, but slightly below CEO Elon Musk's goal of delivering 500,000 units for the year.

Tesla China launches Model Y walker for about $107

The toy car is a restoration of the full-size model's design, with no batteries and no pedals. It is suitable for children between the ages of 1.5 and 4 and provides them with the opportunity to experience Tesla products.

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    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's largest Supercharger station in the world opens in Shanghai

    Tesla opened its largest Supercharger station in the world, the 72-pile Shanghai Jing'an International Center Supercharger Station, for operation on December 31.

    New China-made Tesla Model 3 goes on sale, Performance version available for first time

    In addition to the China-made Model Y, Tesla today announced the launch of the new Model 3, a chrome-trimmed blacked-out version of the model already available in overseas markets.

    China-made Tesla Model Y goes on sale, price from about $52,000

    On the first day of the New Year, the last piece of Tesla's "SEXY" portfolio in China was completed, and the price of the China-made Model Y was significantly reduced compared to the imported version.

    Tesla Model 3 crashes into hotel lobby in Hangzhou, owner claims that the vehicle lost control

    The owner also said that the brakes also failed at that time. After rushing into the hotel lobby, the airbags all popped open and the owner was not injured.

    Tesla denies putting bad parts on cars, says production in strict accordance with Chinese law

    Tesla is responding to previous media reports that it is trying to increase sales in China and that bad parts are being loaded onto cars.

    Tesla reportedly put bad parts on cars to increase production and sales in China

    The report said that even some Tesla engineers lamented that although the appearance looks all Tesla, the car is another car altogether.
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