Tesla's Model Y Performance Edition To Get More Expensive In China
Portfolio Pulse from Anan Ashraf
Tesla Inc has increased the price of its Model Y Performance Edition by 14,000 yuan (about $1,913) in China, a 4% increase from its previous price. Despite the increase, the vehicle is still cheaper than in October 2022 when Tesla first started reducing prices in China. The prices of all other variants of the SUV, as well as other Tesla models, remain unchanged.
October 27, 2023 | 2:32 am
News sentiment analysis
Sort by:
Ascending
NEUTRAL IMPACT
Tesla has raised the price of its Model Y Performance Edition in China by 4%. However, the vehicle is still cheaper than when Tesla first started reducing prices in China in October 2022. The prices of all other Tesla models remain unchanged.
The price increase of the Model Y Performance Edition in China could potentially increase Tesla's revenue in the short term. However, as the price is still lower than in October 2022, it is unlikely to significantly impact the demand for the vehicle. Furthermore, the prices of all other Tesla models remain unchanged, indicating that this is a specific adjustment rather than a company-wide price increase.
CONFIDENCE 90
IMPORTANCE 60
RELEVANCE 100