- Wed Nov 27, 2024 3:56 pm
#3527
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?
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?