Tesla Offers Price Incentives in China, Raises Model Y Costs in US
Posted By RichC on March 2, 2024
Hm … Tesla is the cost for Chinese to buy its popular Model Y in China, while raising them in the U.S. — an interesting business move???
Tesla raised the price of its Model Y rear-wheel drive and long-range vehicles in the U.S. by $1,000 to $43,990 and $48,990, respectively … while Chinese consumers buying a rear-wheel drive Model 3 sedan or a Model Y SUV can qualify for an insurance subsidy of up to 8,000 yuan ($1,100). Tesla will also provide financing plans with discounts on optional paint colors. Although it is not an official price cut, the subsidy will lower the starting price of the two cars to 237,900 yuan ($33,000) and 250,000 yuan ($34,750).
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