Tesla continued to roll out incremental incentives to spur sales in China through the spring and early summer. It offered a cash subsidy in June of 8,000 yuan ($1,100) to some buyers of its Model 3 sedans who bought designated insurance coverage and took delivery quickly. Preferential low interest rates for some car loans were also provided.
The base version of its Model 3 in China now stands at the equivalent of about $32,000, while the Model Y is $36,440. In the U.S., they…
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