Tesla delivery time is longer on some China models after discounts
Tesla delivery time is longer on some China models after discounts
16-10-2022SHANGHAI, Jan 9 (Reuters) - Tesla (TSLA.O) has indicated longer waiting times for potential buyers of some versions of the Model Y in China, signalling that price cuts announced on Friday could be stoking demand in the electric vehicle maker's second-largest market.The waiting time for orders of the rear-wheel-drive and long-range versions of Model Y was a week longer on Monday than it had been on Friday, Tesla's website showed.The wait as of Monday was two to five weeks on those models. The wait time for all versions of the Model 3 and the performance version of the Model Y remained at one to four weeks as of Monday.
Tesla cut prices by 6% to 13.5% on Friday in discounts that brought some of its cars to near BYD's best-selling models in a step analysts read as a sign that a price war could be building at a time when demand in China has faltered.
Register for free to Reuters and know the full storyRegister now
Top 10 Update Latest Post
03-01-2023
Machine learning in the digital age
18-10-2022
Freight News
11-10-2022
Best Business Schools In The World For 2023
