SHANGHAI (Reuters) – Tesla cut prices for all versions of its Model 3 and Model Y vehicles in China, according to its Chinese website on Friday.
The U.S. automaker reduced its starting price for Model 3 to 229,900 yuan ($33,427.84) from 265,900 yuan, and lowered it for Model Y to 259,900 yuan from 288,900 yuan, the website showed.
($1 = 6.8775 Chinese yuan)
(Reporting by Zhang Yan and Brenda Goh; Editing by Himani Sarkar)
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