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Tesla cuts prices nearly $2,000 in China, in line with U.S. cuts

Author:CNBCPublish:2024-04-21

Tesla has cut prices by nearly $2,000 across its models in China, after price cuts in the U.S., as it grapples with falling sales and an intensifying price war. Elon Musk's EV maker cut the starting price of the revamped Model 3 in China by 14,000 yuan ($1,930) to 231,900 yuan, its official website showed on Sunday...

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