SYA 3.33% 3.1¢ sayona mining limited

In the US, Tesla is a receiver of incentives while in China they...

  1. 17,345 Posts.
    lightbulb Created with Sketch. 1109

    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
 
watchlist Created with Sketch. Add SYA (ASX) to my watchlist
(20min delay)
Last
3.1¢
Change
0.001(3.33%)
Mkt cap ! $319.0M
Open High Low Value Volume
3.0¢ 3.2¢ 3.0¢ $292.1K 9.444M

Buyers (Bids)

No. Vol. Price($)
7 962981 3.1¢
 

Sellers (Offers)

Price($) Vol. No.
3.2¢ 5477257 25
View Market Depth
Last trade - 16.10pm 31/07/2024 (20 minute delay) ?
SYA (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.