© Reuters. FILE PHOTO: 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
SHANGHAI (Reuters) – Tesla (NASDAQ:) cut prices for all versions of its Model 3 and Model Y vehicles in China, according to its Chinese website on Friday.
The U.S. automaker reduced its starting price for Model 3 to 229,900 yuan ($33,427.84) from 265,900 yuan, and lowered it for Model Y to 259,900 yuan from 288,900 yuan, the website showed.
($1 = 6.8775 )
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