Cui Dongshu, secretary general of the Federation of passengers: other car companies are not expected to follow Tesla's price reduction.

CTOnews.com news on January 10, January 6, Tesla's entire line of models ushered in a big price reduction, ranging from 6% to 13.5%. According to Tesla's Chinese website, the Model 3 starts at 229900 yuan and the Model Y starts at 259900 yuan, the lowest price in history.

Tuyuan PixabayCTOnews.com learned that in 2023, state subsidies for new energy vehicles were officially withdrawn, and other car companies announced plans to raise prices one after another. Tesla's price reduction was also beyond the expectations of many people in the industry. As soon as the news of Tesla's price reduction comes out, whether other car companies will follow the price reduction has also triggered a lot of hot discussion.

According to thepaper.cn, as to whether Xiaopeng will follow the price reduction, Xiaopeng insiders replied that Xiaopeng has its own sales rhythm and will determine product prices and promotional activities according to its own situations. instead of following other car companies. Previously, both ideal Motor and Xilai Motors have said on the earnings call that the pricing of their products will not be affected by the pricing of other car companies such as Tesla.

Today, Cui Dongshu, secretary general of the Federation of passengers, said that Tesla's recent price reduction was to stabilize the promotion measures that began in August and September last year, and that consumers who had bought Tesla had not caused great losses as a result of the price reduction. Cui Dongshu also said that the market is in the doldrums before the Spring Festival, and it is meaningless for other car companies to follow the price cuts, but they will adjust the market in February or March by launching new products and enhancing the strength of the products.