This morning, multiple media outlets reported that the domestic versions of Model 3 and Model Y will be significantly reduced in price, with Model Y seeing a maximum decrease of 40,000 RMB. On Tesla’s official website, the current starting price for the domestic version of Model Y is 316,900 RMB. After the price reduction, it will be lowered to around 280,000 RMB, approaching the previous lowest price.
However, according to a report from CaiLian Press, Tesla has stated that the information regarding the maximum price reduction of 40,000 RMB for Model 3/Y is not accurate.
However, friends who follow Tesla may know that since September, Tesla has launched an insurance subsidy activity. According to Tesla’s internal mail exposed earlier, owners who complete car delivery from September 16th to September 30th and choose to purchase insurance in Tesla’s stores can enjoy a 8000 RMB insurance subsidy, equivalent to a price reduction.
Previously, the waiting time for Tesla Model 3 and Model Y deliveries had also been greatly reduced. Based on Tesla’s tradition of dynamically adjusting prices based on costs and orders, there is indeed a high probability of initiating price reductions. As for today’s rumor refutation from Tesla, it only targets the “significant” price reductions. Does this mean that there is a possibility of “slight” price reductions?
This article is a translation by ChatGPT of a Chinese report from 42HOW. If you have any questions about it, please email bd@42how.com.