Tesla Model 3 prices fall in China once again


Source: cnet.com cnet.com

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The Model 3 keeps getting cheaper in China. For the third time this year, the Tesla Model 3 received a price cut in China. Reuters reported the price change on Thursday and the automaker's Chinese site reflects the new prices. Chinese shoppers will find the Model 3 now costs 249,900 yuan, or roughly $36,800 at current exchange rates. The new price is down about 8% after Tesla slashed the electric car's price again. Tesla did not immediately respond to a request for comment on why it cut prices, but all information points to the inclusion of a new cobalt-free battery...