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Model Y Discount in China: Facelift Imminent?

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Topic review: Model Y Discount in China: Facelift Imminent? Expand view

Model Y Discount in China: Facelift Imminent?

by Teslaguy » Wed Nov 27, 2024 3:56 pm
Model Y Discount in China: Refresh Imminent or Strategic Price War?

Tesla's offering a 10,000 RMB discount on the Model Y in China. Coincidence? I think not. This reeks of a pre-emptive strike against the competition, or perhaps a sign that the rumored Project Juniper refresh is closer than we think. What do you all make of this sudden price drop? Is this Tesla admitting the Model Y is losing ground to domestic rivals like BYD, Xpeng, and Nio?

This discount curiously excludes the Performance variant. Is this a hint about the refresh focusing on the lower-end models? Or maybe Tesla’s simply trying to clear out existing inventory before the updated version launches?

The extended 0% financing offer also raises some eyebrows. Is this a genuine incentive, or a desperate attempt to maintain sales momentum in a cooling Chinese EV market? I predict this price war will escalate, with other manufacturers forced to respond. How will this impact the used Tesla market? Will we see a significant dip in resale values?

Let’s discuss. What’s your take on this development?

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