Hyperdrive
Tesla Kicks Off New Year in China by Extending Incentive Offers
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Tesla Inc. is starting 2023 as it ended 2022: with incentives aimed at propping up sales in China.
The carmaker is offering Model 3 sedan and Model Y sport utility vehicle buyers as much as 10,000 yuan ($1,450) if they take delivery by Feb. 28, according to Tesla’s website. The company is extending a 6,000-yuan subsidy it started offering in early December, and the other 4,000-yuan subsidy tied to purchasing insurance through Tesla was first introduced in November.