SHANGHAI (Reuters) – Tesla has cut starting prices for Model 3 and Model Y cars in China, its Chinese website showed on Monday.
The starting price for Model 3 was reduced to 265,900 yuan ($36,727.03) from 279,900 yuan, while that for Model Y was cut to 288,900 yuan from 316,900 yuan, according to the website.
($1 = 7.2399 Chinese yuan)
(Reporting by Zhang Yan, Brenda Goh; Editing by Himani Sarkar)