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The Austin, Texas-based electric car maker announced on Friday that Tesla has once again lowered its prices in “many European markets”. In Switzerland, this applies to the Model 3, Model Y Performance and all variants of the rear-wheel drive Model Y and variants of the Model S and X.
Depending on the model, price reductions range from CHF 3,000 to CHF 10,000. “Our mission at Tesla is to accelerate the transition to sustainable energy,” he said in the communique. The key to this lies in the switch to cheaper mass-produced vehicles.
In China, Tesla lowered its prices in the key Chinese market at the beginning of the year for the second time in a few months due to sales problems. The group has to fend off increasingly strong local competition in the country from providers like BYD, Xpeng or Nio. After all: Tesla is the only foreign manufacturer to enter the ranking of the ten best-selling electric cars in China.
(SDA)
Source :Blick
I’m Tim David and I work as an author for 24 Instant News, covering the Market section. With a Bachelor’s Degree in Journalism, my mission is to provide accurate, timely and insightful news coverage that helps our readers stay informed about the latest trends in the market. My writing style is focused on making complex economic topics easy to understand for everyone.
