News

Tesla To Cut Prices In Hong Kong

Andy Nurman July 31, 2023

Tesla, the renowned electric vehicle manufacturer, is poised to implement price reductions on several editions of its Model 3 and Model Y cars in Hong Kong starting from August 4, as reported by the Hong Kong Economic Times on Monday.

The reported discounts are expected to span a range from 6% to 11.9%.

Our Thoughts

We find pre-announcing the price cuts rather unusual. The query arises as to why the company would choose to disclose such information ahead of implementing the actual reductions.

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