Tesla announced another price reduction, with the price of the Model Y once again falling below 300,000 yuan

Tesla announced another price cut, with the Model Y now priced below 300,000 yuan

【Phoneauto News】Since entering August, more than ten car manufacturers have announced price reductions for some of their models. This includes traditional car companies such as Volkswagen and Great Wall, as well as new forces such as Lingpao and NIO. On the morning of August 14th, Tesla also decided to join this lineup.

Tesla Model Y

Tesla announced on its official Weibo account that starting from August 14th, it has decided to adjust the prices of some of its models in China. The price of the long-range version of Model Y has been reduced to 299,900 yuan, a decrease of 14,000 yuan compared to the previous price of 313,900 yuan. The price of the high-performance version of Model Y has been adjusted from 363,900 yuan to 349,900 yuan, also a decrease of 14,000 yuan. In addition, Tesla has also introduced a limited-time insurance subsidy for purchasing Model 3. Customers who order and deliver the rear-wheel drive version of Model 3 from August 14, 2023 (inclusive) to September 30, 2023 (inclusive), and purchase corresponding insurance through the cooperative insurance institution, can enjoy an 8,000 yuan insurance subsidy.

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Tesla price reduction

In addition to this, Tesla’s referral rewards for car purchases still exist. Customers who purchase Model 3/Y through a friend’s referral can receive a referral reward of 3,500 yuan to offset the vehicle price, and also enjoy a 90-day free trial of EAP (Enhanced Autopilot). In addition to the above rewards, existing Tesla owners can also enjoy a limited-time transfer of FSD (Full Self-Driving capability) when trading in their old vehicles for new ones. Referring customers can receive 7,000 Tesla points, which can be used to redeem gifts in the online store.

Recently, Tesla also carried out a round of price adjustments in Hong Kong, with the price of the Model 3 Performance version reduced from HKD 440,335 to HKD 387,875, a decrease of nearly 12%. There is also news that the new Model 3 from Tesla will be available in bulk in September, which might indicate that the new car will be officially released soon.

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