TESLA CUTS STARTING PRICE FOR CHINA-MADE MODEL 3 VEHICLES BY 8%

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Sat 31 October 2020

U.S. electric vehicle maker Tesla Inc cut on Thursday the starting price for its China-made Model 3 vehicles by around 8% to 249,900 yuan ($36,805.21) after receiving Chinese subsidies for electric vehicles, according to its China website.

The starting price for Model 3 electric sedans made from its Shanghai factory was earlier 271,550 yuan after receiving subsidies. 

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