Tesla has lower the costs of its Mannequin Y compact crossover SUV in China, as of August 13, 2023.
The worth cuts solely apply to the Mannequin Y Lengthy Vary and Efficiency variants. The announcement, made on Weibo, detailed the value drops (through @Tslachan):
Mannequin Y Lengthy Vary: 313,900 CNY to 299,900 CNY (roughly $41,460 USD; 14,000 CNY; $1,943 USD drop)
Mannequin Y Efficiency: 363,900 CNY to 349,900 CNY (roughly $48, 582USD; 14,000 CNY; $1,943 USD drop)
Tesla beforehand lower Mannequin Y Lengthy Vary and Efficiency costs again in Could.
The Mannequin Y isn’t the one Tesla car to get a brand new perk. Mannequin 3 clients can now additionally get a limited-time insurance coverage subsidy of 8,000 yuan for the entry RWD model. Additionally, clients who full their Mannequin 3 RWD orders and deliveries between August 14 and September 30 will obtain a grant of 8,000 yuan ($1,110 USD).
These strategic worth cuts purpose to draw extra potential patrons, solidifying Tesla’s place within the aggressive Chinese language electrical car market.