Tesla Stores In China Reportedly Flooded With Orders After Model 3 Price Cut

Tesla Inc (NASDAQ: TSLA) has set in motion the plans to expand battery production and lower prices following its battery day event. This is already being seen in a price reduction of the Model 3 in China, along with a switch to new LFP batteries. Now it seems that customer traffic triggered by the price decrease could be overwhelming Tesla employees in China.> Wonder how crazy MIC Model 3 sales was on the first day of price cuts. According to a sales rep, all stores were flooded with new orders and store employees hardly had time for meals & communicating …read more

Source:: Yahoo Finance

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