Tesla raises prices of Model 3 and Model Y again in mainland China to tame demand amid production shortage

//Tesla raises prices of Model 3 and Model Y again in mainland China to tame demand amid production shortage

Tesla raises prices of Model 3 and Model Y again in mainland China to tame demand amid production shortage

Tesla has raised the price of its Shanghai-made Model 3 and Model Y vehicles for the second time in just over a month amid soaring demand for its electric cars.The announcement came shortly before China’s market regulator said Tesla will recall nearly 200,000 vehicles delivered to mainland customers between 2015 and 2020.The California-based carmaker announced on Friday that its entry-level Model 3 assembled at the Gigafactory 3 in the Lingang free-trade zone would be priced at 265,652 yuan (US…

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By | 2021-12-31T12:00:23+00:00 December 31st, 2021|Business|Comments Off on Tesla raises prices of Model 3 and Model Y again in mainland China to tame demand amid production shortage