TSLA - Tesla Hikes Model Y Prices In China Ahead Of Q1 Deliveries: Here're The Updated Pricing In EV Maker's Key Market | Benzinga
Tesla, Inc. (NASDAQ:TSLA) walked the talk and raised prices of all variants of Model Y electric vehicles in China on April 1 as opposed to views from some quarters that the price-hike warnings were a gimmick.
What Happened: Updated pricing Tesla China’s website showed that the price of the three trims sold in the country – the rear-wheel drive, long-range all-wheel drive and performance variants has been raised by 5,000 yuan ($692), effective April 1.
The price adjustments are as follows:
- Model Y RWD: 263,900 yuan (up from 258,900 yuan, a 1.93% hike)
- Model Y LR: 304,900 yuan (up ...