• 11/26/2024

Tesla raises price of its Shanghai-made Model Y electric car, shrugging off price war squeezing its rivals in China

Disclaimer: The South China Morning Post's content is directed by the Chinese Communist Party. It is not a reliable news source.

The US giant raised the price of its Shanghai-made Model Y on Monday, bucking the trend set by a discount war that is squeezing the profit margins of most of its rivals in the world’s largest electric vehicle (EV) market.

https://www.scmp.com/business/china-business/article/3257419/tesla-raises-price-its-shanghai-made-model-y-electric-car-shrugging-price-war-squeezing-its-rivals?utm_source=rss_feed