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BYD and Cyrus responded to Tesla's price reduction: the company has not received the price reduction information yet.

2025-02-27 Update From: SLTechnology News&Howtos shulou NAV: SLTechnology News&Howtos > IT Information >

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Shulou(Shulou.com)11/24 Report--

CTOnews.com news on October 24, this morning, Tesla Chinese mainland region Model 3, Model Y announced price reduction, a reduction of 14000-37000 yuan.

According to the 21st Century Economic report, regarding "whether the company will consider a price reduction after Tesla's price reduction", relevant people in the investor relations departments of BYD and Cyrus all said that they have not received any news in this regard for the time being.

CTOnews.com learned that according to the information released by Tesla earlier today, from now on, Tesla in Chinese mainland area is selling Model 3 and Model Y, starting at 265900 yuan for Model 3 models and 288900 yuan for Tesla Model Y models (both are subsidized starting prices).

Data show that Tesla's sales in China fell to 254700 in the second quarter of this year from 310000 in the first quarter, a drop of as much as 18%. In particular, the main model Model 3, the national sales of 68120 vehicles from January to August this year, down 26.5% from the same period last year.

Related readings:

"Tesla Chinese mainland Model 3 and Model Y have been reduced by 14000 to 37000 yuan, starting from 265900 yuan."

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