Tesla Cuts Prices in China as Costs Fall, Competition Heats Up

Tesla has lowered prices for vehicles sold in China, days after Chief Executive Elon Musk said most materials costs are falling and amid growing competition from local rivals.

Oct 24, 2022 - 13:25
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Tesla Cuts Prices in China as Costs Fall, Competition Heats Up
Tesla has lowered prices for vehicles sold in China, days after Chief Executive Elon Musk said most materials costs are falling and amid growing competition from local rivals.