In the US, Tesla is a receiver of incentives while in China they are a giver of incentives.
Does that mean that the US Government is indirectly helping Tesla to stay competitive in China?
“Tesla (TSLA) has moved to tackle slowing electric vehicle sales and growing competition with a series of price incentives in China, while it also raised Model Y prices in the United States.Chinese consumers buying a rear-wheel drive Model 3 sedan or a Model Y SUV can qualify for an insurance subsidy of up to 8,000 yuan ($1,100). Tesla will also provide financing plans with discounts on optional paint colors. Although it is not an official price cut, the subsidy will lower the starting price of the two cars to 237,900 yuan ($33,000) and 250,000 yuan ($34,750), respectively.”
https://www.investopedia.com/tesla-offers-price-incentives-in-china-raises-model-y-costs-in-us-8602969
- Forums
- ASX - By Stock
- General Discussion Topics
In the US, Tesla is a receiver of incentives while in China they...
-
- There are more pages in this discussion • 2,926 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SYA (ASX) to my watchlist
(20min delay)
|
|||||
Last
2.4¢ |
Change
0.000(0.00%) |
Mkt cap ! $247.0M |
Open | High | Low | Value | Volume |
2.4¢ | 2.5¢ | 2.4¢ | $408.1K | 16.97M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 194800 | 2.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.5¢ | 3853329 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 194800 | 0.024 |
60 | 17910386 | 0.023 |
61 | 10361312 | 0.022 |
38 | 9346443 | 0.021 |
55 | 9856999 | 0.020 |
Price($) | Vol. | No. |
---|---|---|
0.025 | 3853329 | 13 |
0.026 | 4607614 | 15 |
0.027 | 11078446 | 20 |
0.028 | 5152977 | 30 |
0.029 | 6417821 | 17 |
Last trade - 16.10pm 17/09/2024 (20 minute delay) ? |
Featured News
SYA (ASX) Chart |