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Tuesday, February 27, 2024
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Tesla Model Y To Get Pricier In China: Report

EV giant Tesla Inc (NASDAQ:TSLA) is reportedly gearing up to hike the price of its Model Y variants in the Chinese market.

What Happened: The performance version of the Model Y saw its price increase by 14,000 yuan in late October. The electric vehicle (EV) manufacturer now plans to revise the prices of other Model Y versions as well, though the exact timing is not yet known, Bloomberg reported, citing a Tesla representative in China.

While the Model Y rear-wheel drive is currently priced at 263,900 yuan, ...

Full story available on Benzinga.com


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