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Tesla China has introduced discounts on inventory vehicles for the first time since late 2024, in response to declining sales. The Model 3 will see a price reduction of 5,000 yuan, and the Model Y will be discounted by 10,000 yuan.
Tesla China announced on Monday that it would offer discounts on its in-stock vehicles produced in Shanghai to address declining electric vehicle deliveries. The Model 3 will see a price reduction of 5,000 yuan (approximately $745), while the Model Y will be discounted by 10,000 yuan. This promotional campaign will run until the end of September.
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