Hyperdrive
Tesla Slashes Model S, X Prices in China After Model 3 Refresh
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Tesla Inc. slashed the prices of its premium Model S and X cars in China just hours after unveiling a refreshed version of its Model 3 mass-market sedan.
The US automaker marked down the price of its basic Model S sedan in Asia’s largest economy by 14% to 698,900 yuan ($96,200) and its entry-level Model X sport utility vehicle by about 18% to 738,000 yuan, according to its official website.