Tesla cuts prices in China, Germany and around globe after US cuts

The Tesla logo is seen through a charging station outside a store of the electric vehicle maker in Beijing, China Jan 4, 2024.BEIJING/FRANKFURT — Tesla has cut prices in a number of its major markets, including China and Germany, following price cuts in the United States, as it grapples with falling sales and an intensifying price war for electric vehicles , especially against Chinese EVs.

Tesla, the EV market leader, ignited an EV price war over a year ago by aggressively cutting prices at the expense of profit margins. There were also price cuts in many other countries in Europe, the Middle East and Africa, a Tesla spokesperson said.

مصر أحدث الأخبار, مصر عناوين

Similar News:يمكنك أيضًا قراءة قصص إخبارية مشابهة لهذه التي قمنا بجمعها من مصادر إخبارية أخرى.

Commentary: Are EVs a form of China’s soft power in Southeast Asia?The rapid expansion of Chinese electric vehicles and related investments in Southeast Asia is no fluke, says Intellisia Institute's Xirui Li.
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »

China's BYD Loses Title of World's Biggest EV Seller to TeslaBYD, China's biggest electric vehicle (EV) maker, reported a 43% drop in sales in the first quarter of 2024 compared to the previous quarter, losing the title of world's biggest EV seller to Tesla.
مصدر: ChannelNewsAsia - 🏆 6. / 66 اقرأ أكثر »