1/2/2019 Tesla cuts prices for the Model S, 3, X by $2,000 in the US.— JC Oviedo (@JCOviedo6) January 3, 2020
1/2/2020 Tesla cuts prices for the Made in China Model 3 by RMB 35,800
Q1 2019 was an utter disaster for Tesla. Is History repeating itself? https://t.co/Sk0WlBeEK6
I mean… that’s a $5,000 cut on a Model 3.— Ryan Doherty (@RyanDoherty47) January 3, 2020
Were they just scalping their Chinese customers like they did with US early adopters or are they going into negative margin territory to keep moving metal?
And make no mistake- the Chinese consumer just LOVES being bent over…. Now that they know the price can come down, buyers will wait for ANOTHER $5K drop. Elon Musk is the 12-yr old girl of marketing…….— cazin678 (@cazin678) January 3, 2020