Page 8 - Grace Tao News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Tesla has cut the prices of its Shanghai-made vehicles by up to 6 per cent as it works to maintain its leading position in the premium segment of the world's largest electric vehicle (EV) market. The Texas-based company announced on Friday that the price of the entry-level edition of its Model 3 will be reduced from 261,400 yuan (US$36,814) to 245,900 yuan, while the starting price of the Model Y is now 258,900 yuan, down from 266,400 yuan. The price cuts come after Tesla reported 15.7 per cent

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