It is reported that the price of Tesla's Chinese-made models will be greatly reduced, and the maximum reduction of Model Y is expected to reach 40,000 yuan.

CTOnews.com Sept. 30 news, according to Hu smell Automobile report, recently learned through multiple sources, Tesla domestic models Model 3 and Model Y will be a substantial price reduction. According to sources, the price reduction of Tesla's main selling model Model Y in China is expected to reach 40,000 yuan, and eventually the starting price of the Model Y rear wheel drive model may drop to 27029,000 yuan.

It is worth mentioning that Tesla began to "reduce prices in a disguised form" on September 16. According to Tesla's domestic mail in China, car owners who pick up their cars from September 16 to September 30 can enjoy an insurance subsidy of 8000 yuan if they choose to buy insurance in Tesla's store, which can be directly used to reduce car prices. Tesla store sales staff responded to this, "We generally do not do this kind of subsidy activities, this is a temporary activity, is to sprint delivery volume." Store sales staff also said that the 30th pick-up car can enjoy a subsidy of 8000 yuan, will be in the final delivery of the car price reduction.

Tesla's sales in China fell 18% to 254700 vehicles in the second quarter of this year, down from 310000 in the first quarter. In particular, the national sales of the main model Model 3 from January to August this year were 68120, down 26.5% from the same period last year.

As of CTOnews.com, Tesla has not responded to the rumors.

Tesla: the news is not true that the price of domestic Model 3 / Y will be greatly reduced.