Tesla slashes prices in China by up to 9% as analysts warn of ‘price war’
SHANGHAI, Oct 24 (Reuters) – Tesla (TSLA.O) has slashed starter prices for its Model 3 and Model Y cars by up to 9% in China, reversing an upward trend across the industry amid signs of slowing demand in the world’s biggest car market. The price cuts, posted Monday on the electric vehicle (EV) giant’s Chinese …
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