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Tesla sales in China slump as competition intensifies as cheaper electric vehicles take over – EQ Mag

Tesla cut prices for all versions of its Model 3 and Model Y vehicles in China, according to its Chinese website on Friday. The US automaker reduced its starting price for Model 3 to 229,900 yuan ($33,427.84) from 265,900 yuan, and lowered it for Model Y to 259,900 yuan from 288,900 yuan, the website showed. […]

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