In China, Tesla reduces Model 3 and Model Y prices by up to 4.5%.

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Tesla has reduced costs for the Model 3 and Model Y in China yet again, perhaps triggering a fresh wave of EV discounts.

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Both the Model Y Long Range and Model Y Performance have had their prices reduced by 14,000 yuan ($1,934).

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The price of a Model Y Long Range has been reduced by 4.5% to 299,900 yuan ($41,100).

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while the Model Y Performance is now available for 349,900 yuan ($47,952), a 3.8% reduction.

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range, and craftsmanship by weighing the advantages against the cost,

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