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-0.000818685507791339 0.00267760162092164 0.00301873146175384 -0.000710197602038662 -0.00772731545306427 -0.0767692275556669 -0.0948113798721645 -0.0817823870994694
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Tesla is cutting prices in China so the Model 3 qualifies for subsidies [CNNMoney.com]

Tesla, Inc. (TSLA) 
Last tesla, inc. earnings: 4/29 04:11 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.tesla.com
Company Research Source: CNNMoney.com
Tesla is cutting prices in China so the Model 3 qualifies for subsidies Hong Kong (CNN Business) Tesla ( TSLA ) is once again cutting the price of its China-built Model 3s so that it can qualify for government incentives that are meant to encourage people to buy cars again. A Model 3 now sells for a base price of 291,800 yuan ($41,318) before the subsidy is taken into account — 10% cheaper than before, the electric carmaker said Friday on Weibo . With the subsidy, the cost comes to 271,550 yuan ($38,451). Tesla had to sell the car for less than 300,000 yuan in order to qualify for the government-funded discount, the company said in a statement . Tesla just cut the price of Model 3 cars made in China The Chinese government said in March that it would extend subsidies for new energy vehicles, such as electric or plug-in hybrid cars, as the coronavirus pandemic crushed demand in the world's largest car market. Before the outbreak, the governm Show less Read more
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