Elon Musk’s Tesla Hike Prices of Model 3 and Model Y for Rear Wheel Drive Variant in China


Source: latestly.com latestly.com

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Beijing, January 1: Elon Musk-owned electric vehicle company Tesla has raised the price for the rear-wheel-drive, or the base variant, of the Model 3 and Model Y in China. The company's official Chinese website has revealed the price change in the country, report GizmoChina. According to the report, the Model 3's rear-wheel-drive variant now costs around 265,652 Yuan (roughly $42,000), which marks an increase of 10,000 Yuan (roughly $1,575) over the original price. Tesla Aims To Sell 20 Million Electric Vehicles per Year by 2030. On the other hand, the price of the rear-wheel drive-version of the Model Y has...