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Tesla cuts Model 3 prices in China

December 23, 2018 3:34 PM
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BEIJING (Reuters) - Tesla Inc has slashed prices on its Model 3 electric car in China.

According to the California-based electric carmaker’s Chinese website, prices of certain Model 3 cars were cut by up to 7.6 percent. The starting price for a Model 3 in China now is 499,000 yuan ($72,000).

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