China is the second largest market for Tesla after the world in the world. However, competition has increased manifold in the last few years. Elon Musk is under pressure from the local EV brand such as BYD, and Shaomi, China. That is why the company has reduced the price of Tesla Model Y Eve in China. Tesla has promised to bring more cheap cars in the coming days.
Tesla Best Seling Cars Cheap version is coming
Sources claim that the Tesla Giga Factory is located in Shanghai. Where there is a large amount of electric cars produce. Recently, the company is going to bring a new car with the “E41” codoname, which will be produced in this factory since 2021. Currently, the Tesla model that is sold in the Tesla model is reported that the small car and the price will be 20% lower.
Experts say Tesla will have to give an adamant fight to strengthen the land in the electric car market in China. Needless to say, China's role in Tesla's income is very important. Production and sale is the company of Elon Musk, dependent on this country in both cases. Therefore, Tesla plans to bring cars with more ranges with a lower price to increase business.
Tesla Model Y was the best vehicle in China 2021 and 2021. But, in the last few months, the picture has changed. Shaomi's new SU 5 is hitting the vehicle. Also, another new electric car called YU3 has been announced by Xiaomi, where both range and features will be available.
However, the company said that the last year's Tesla Model Y car will launch a 5 -seat version of this year. China's market has become very important to Tesla since sales in the United States and Europe.
