Tesla is facing a backlash in China from hundreds of owners who protested outside delivery centres and showrooms after missing out on big price cuts, a report said.that about 200 people who recently bought Model Y and Model 3 cars gathered outside a Tesla delivery centre in Shanghai on Saturday, demanding rebates because they now cost less than what they paid.
Tesla cut prices in China for the second time in three months on Friday as it struggles to make sales. Prices are between 13% and 24% lower than in September. A Tesla can be up to 43% cheaper to buy in China than the US,Elon Musk's company also cut prices in Japan, South Korea and Australia in a move intended to stoke demand for vehicles made at Tesla's largest factory,
What will owners do for parts when Tesla production ends and the company ceases to exist in Q3 2023? How will same owners buy new cars over next 5 yrs w/ no trade in value as down-payment? Interesting industry wide effects not so much. Failed Musk Motors a fringe element.
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