China: EV Makers Are Under Pressure By Reduced Tesla Model 3 Prices


Source: insideevs.com insideevs.com

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Home News Pricing China: EV Makers Are Under Pressure By Reduced Tesla Model 3 Prices By : Mark Kane Thanks to relatively high margins, Tesla might be able to seriously undercut other EV makers. According to the Chinese media, a major topic among the New Energy Vehicle manufacturers is the lowered prices of the Tesla Model 3 . We already saw reports that the demand for MIC Model 3 is booming. It's great on one hand, but as always - if competitors will not adjust to the new situation, their results might be affected. It's probably not a comfortable situation...