Tesla on Friday cut prices in Europe
"We will analyse country by country, market by market, which level of competitiveness we need to have to stay in the game," Fabrice Cambolive, the chief executive of the Renault brand, told reporters. After last week's price cut by Tesla, the Tesla Model 3 in France starts at 41,990 euros, compared with 42,000 euros for the Megane electric.
Worldwide sales for the Renault brand reached 354,545 vehicles in the first three months of the year, the company said on Monday.
Running scared 😱
Gotta be 20% lower than Tesla to compete
Deflation is coming
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