Tesla drops prices of some new China Model 3 and Model Y cars

SHANGHAI (Reuters) – The price of Tesla’s new China Model 3 dropped to 245,900 yuan, and the price of the Model Y dropped to 258,900 yuan, as of Jan. 12, according to the company’s website.

Tesla’s refreshed long-range China Model Y has dropped its price to 299,900 yuan.

(Reporting by Casey Hall)