Tesla cuts starting prices for Model 3, Model Y in China By Stocksak

© Stocksak. FILE PHOTO A man wearing a mask after the coronavirus infection (COVID-19), walks by Tesla Model 3 sedans, and Tesla Model X sports utility vehicle at a new Tesla showroom Shanghai, China, May 8, 2020. REUTERS/Yilei Sun/File Photo/File Pho

SHANGHAI (Stocksak), – Tesla (NASDAQ) has reduced the starting prices for Model 3 cars and Model Y cars in China. This was revealed by its Chinese website on Monday.

The Model 3’s starting price was reduced to 265,900 yuan ($36.727.03), from 279,900 yuan. Model Y’s was cut to 288,900 yuan. It was 316.900 yuan.

($1 = 7.2399 )

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