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Tesla raises prices on some refreshed long-range vehicles in China beginning Nov. 9

Published 11/08/2023, 07:43 PM
Updated 11/08/2023, 07:47 PM
© Reuters. Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence Lo/File Photo
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BEIJING (Reuters) - Tesla (NASDAQ:TSLA) Inc on Thursday said it raised prices on its refreshed Model 3 and Model Y long-range vehicles in China, starting Nov. 9.

The electric vehicle maker will increase the price of its Model 3 version in China by 1,500 yuan ($206), showed its website and official Weibo (NASDAQ:WB) account.

© Reuters. Visitors check a Tesla Model 3 car next to a Model Y displayed at a showroom of the U.S. electric vehicle (EV) maker in Beijing, China February 4, 2023. REUTERS/Florence Lo/File Photo

Tesla sales representatives in China have been posting on social media in the past week about potential price increases of the Model Y, urging consumers to place orders ahead of the increases.

($1 = 7.2800 Chinese yuan renminbi)

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