It appears like Tesla is determined to incite a price war in China.
This week, Tesla has chosen to lower its prices once more in China.
which has caused some to wonder what Elon Musk and his EV companies are actually doing,
The cost of the Model S sedan has been reduced by the American EV manufacturers.
and Model X SUVs that they now have on hand by up to 70,000 yuan (about $9,600 USD).
On Wednesday, the information was released via their official WeChat account.
Tesla already reduced the cost of the Long Range and Performance variants of the Model Y SUV by 14,000 yuan just two days ago.
Additionally, they continue to offer insurance subsidies for the Model 3 sedan's base model.