Tesla Dangles Free Fremont Factory Tour For Chinese Customers Amid Simmering Sino-US EV Trade Tensions
Portfolio Pulse from Anan Ashraf
Tesla Inc. (NASDAQ:TSLA) is offering Chinese customers a chance to win a free tour of its Fremont factory to boost sales amid declining market share in China and increased US tariffs on Chinese EV imports.
May 28, 2024 | 7:48 am
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Tesla is offering a free Fremont factory tour to Chinese customers who finalize their vehicle deliveries between May 25 and June 30. This initiative aims to boost sales in China amid a decline in market share and increased US tariffs on Chinese EV imports.
The factory tour giveaway is a strategic move to attract Chinese customers and counteract declining market share and sales. This initiative, along with recent price cuts and free supercharging miles, is likely to have a positive short-term impact on Tesla's stock price as it demonstrates proactive measures to boost sales.
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