Tesla offers $1,100 insurance subsidy for Model 3 purchases in China
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Tesla is offering an $1,100 insurance subsidy for Model 3 purchases in China until March 17, aiming to boost sales in the region.
March 05, 2025 | 6:45 am
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Tesla is providing an $1,100 insurance subsidy for Model 3 purchases in China, which could boost sales and market presence in the region.
The insurance subsidy is a strategic move to increase Model 3 sales in China, a key market for Tesla. This could lead to higher revenue and market share, positively impacting TSLA's stock price in the short term.
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