Reuters
Factbox-Details of Tesla price cuts in China, other Asian markets
Tesla slashed prices for all versions of its Model 3 and Model Y cars in China by between 6% to 13.5%, according to Reuters calculations based on the prices shown on its website. The latest cut in China, along with a price cut in October and incentives extended to Chinese buyers over the past three months, mean a 13% to 24% reduction in Tesla’s prices from September in its second-largest market after the United States, according to Reuters calculations. Tesla cut the prices of Model 3 and Model Y cars by about 10% each in Japan, the first time it had done so since 2021.