Tesla owners in China protest against price cuts as consumers tighten budgets

Subscribe to our YouTube channel for free here:
https://sc.mp/subscribe-youtube

Hundreds of people in China’s southwestern province of Sichuan protested against Tesla on January 6, 2023, for slashing prices on its China-made cars. Similar protests also took place in Shanghai and Shenzhen. Angry buyers said they missed out on the reduced prices because Tesla sales staff had misled them into thinking prices would increase in 2023. Tesla’s surprise discount was its second price cut in less than three months, and comes amid a slowing economy where many middle-class Chinese consumers are seeking cheaper EVs.

Related story:
Anger over Tesla’s surprise price cuts in China bodes ill for pricey brands https://sc.mp/1nvp

Support us:
https://subscribe.scmp.com

Follow us on:
Website: https://www.scmp.com
Facebook: https://facebook.com/scmp
Twitter: https://twitter.com/scmpnews
Instagram: https://instagram.com/scmpnews
Linkedin: https://www.linkedin.com/company/south-china-morning-post/

#scmp #Business #Tesla

Tesla owners in China protest against price cuts as consumers tighten budgets Tesla’s surprise discount in China sparks outrage china EV market china economy china electric vehicles china middle class consumers scmp south china morning post tesla tesla 2023 tesla china owners tesla china owners protest tesla consumers tesla cut prices tesla prices