Tesla cuts prices in key Asia markets as sales falter

A Tesla showroom in Shanghai — Customers at a Tesla showroom in Shanghai on Oct. 16, 2022. (BLOOMBERG)

By:

Reuters

January 06, 2023 11:31 AM

SHANGHAI -- Tesla cut prices in China for the second time in less than three months on Friday, prompting forecasts of a wider price war amid weaker demand in the world's largest light-vehicle market.

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