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Tesla slashes model 3/ model y prices again in china


Telugodura456

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24% to 32% cheaper than american anta. okappudu everyone treated american customer as king, gave him the best rates gatra.

Now chinese customer is the one getting the best deals/

 

https://www.reuters.com/technology/tesla-cuts-prices-model-3-model-y-china-2023-01-06/

Tesla slashes Model 3, Model Y prices in China for second time in 3 months

 
Tesla hands over first cars produced at new plant in Gruenheide
Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS
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Chinese ledu, American ledu.. they have cars stocking up and weak demand.. and they don’t have space to hold them like other car companies have dealers.. so car prices thaggistunnaru..

ee year all cars prices will come down as they have produced too many cars and the demand will go down due to high prices and high interest rates.. 

I went to a dealer to test drive a car.. he said they are now giving for msrp with no markups unlike other dealers…. he also said that the interest rate for loan is 6.75% for a 4 years loan anta.. bye 

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China antey ani kosukuntavu kada … first you have to understand why only in china ? Majorly because of lpf battery pack used cheaper to make .. so far they were taking up as higher margins now with lower demand they have to lower prices it’s no brainer anything goes up should come down..

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do most of you guys even read properly ? they are cheaper by 24% to 33% compared to us.

And this has been the case before also though not this much.

china made teslas are exported to europe - no cheap pricing there.

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Worries over surging auto loan debt

A record number of new car owners are now paying at least $1,000 a month for their vehicles — a result of spiking interest rates and soaring auto prices. Nearly 16% of customers who financed a new car in the fourth quarter of 2022 have monthly payments of $1k or more, up from 10.5% in late 2021 and 6.7% in 2020. Banks are increasingly worried that consumers are taking on too much debt amid a slowing economy, Bloomberg reports, and are warning of “a potential wave of missed loan payments, followed by repossessions.”
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 NEWS: @Tesla has reduced Model Y prices in Japan. New starting prices (in Yen):

• Model Y RWD: ¥5,799,000 (43,393 USD, 9.9% drop)
• Model Y P: ¥7,509,000 (56,188 USD, 9.9% drop)

 

—-

NEWS: Tesla has reduced Model 3/Y prices in Australia. New starting prices (in AUD):

• Model 3 RWD: $63,900 (2.4% drop)
• Model 3 LR: $76,900 (3.9% drop)
• Model 3 P: $89,900 (1.9% drop)
• Model Y RWD: $68,900 (2.4% drop)
• Model Y P: $94,900 (2.4% drop)
———-

NEWS: Tesla has reduced Model Y prices in South Korea. New starting prices (in SK Won):

• Model Y LR: ₩84,999,000 (~66,890 USD, 12.1% drop)
• Model Y P: ₩94,731,000 (~74,549 USD, 9.5% drop)
 

———

NEWS: @Tesla has reduced Model Y prices in Japan. New starting prices (in Yen):

• Model Y RWD: ¥5,799,000 (43,393 USD, 9.9% drop)
• Model Y P: ¥7,509,000 (56,188 USD, 9.9% drop)

 

 

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38 minutes ago, KondapalliRaj said:

They haves reduced in Australia too . May be they would do in us too 

Yes

Just wait, all car market assam

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