Tesla Raises China Model 3 Prices, Citing Cost Fluctuations

Tiger Newspress2021-05-08

Tesla Inc.raised the price of a Model 3 sedan in China by 1,000 yuan ($155) from Saturday, citing cost fluctuations.

The basic model of the vehicle is now priced at 250,900 yuan, the automaker said in aposton its Weibo social media account.

China’sinflationis generally under control, The Economic Daily reported Friday, citing an official from the National Bureau of Statistics.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

Leave a comment
142