Hundreds of Tesla owners protest after missing out on China price cuts

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 51%

Health Health Headlines News

Hundreds of Tesla owners in China protested after missing out on big price cuts, report says

Tesla is facing a backlash in China from hundreds of owners who protested outside delivery centres and showrooms after missing out on big price cuts, a report said.that about 200 people who recently bought Model Y and Model 3 cars gathered outside a Tesla delivery centre in Shanghai on Saturday, demanding rebates because they now cost less than what they paid.

Tesla cut prices in China for the second time in three months on Friday as it struggles to make sales. Prices are between 13% and 24% lower than in September. A Tesla can be up to 43% cheaper to buy in China than the US,Elon Musk's company also cut prices in Japan, South Korea and Australia in a move intended to stoke demand for vehicles made at Tesla's largest factory,

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

What will owners do for parts when Tesla production ends and the company ceases to exist in Q3 2023? How will same owners buy new cars over next 5 yrs w/ no trade in value as down-payment? Interesting industry wide effects not so much. Failed Musk Motors a fringe element.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in HEALTH

Health Health Latest News, Health Health Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tesla owner says self-driving mode got him home 'flawlessly' while drunkInsider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know. Luckily no pedestrians were around for it to run over An interesting confession probably for the cops Extra publicity on this and Tesla stock goes 📈📈📈📈
Source: BusinessInsider - 🏆 729. / 51 Read more »