Press "Enter" to skip to content

Tesla price cut angers Chinese buyers

CHECK THE WIRE FOR REAL-TIME NEWS UPDATES

Tesla's recent move to cut the  prices of eight models has drawn strong criticism from Chinese buyers who had received their new car only days before the price cut and is making many prospective buyers adopt a "wait-and-see" mode expecting further price cuts.

Some users said on social networking platforms that "buying an electric car is even more thrilling than purchasing stocks," others buyers put up banners at the electric carmaker's stores to protest the price . . .

To continue reading, please subscribe. You will get

  • Original and in-depth reporting on China's economy and financial markets 
  • Details, data and perspectives you don't read elsewhere
  • THE WIRE - a Real-Time News platform that delivers everything important about China's economy, companies, stocks, bonds, commodities and the yuan.
  • Daily Brief newsletters to get you prepared for every trading day

 

FREE TRIAL cancel any time

We highly value independence. We are solely funded by subscriptions from thousands of readers like you.  

Already have an account? Sign In

 

Top