Tesla Considers Cutting Price of China-Built Cars

Tesla plans to reduce the price of its Model 3 in China by localizing production, including battery sourcing from local suppliers like LG and CATL. This move aims to counteract the decline in EV sales due to reduced government subsidies and to remain competitive in the maturing Chinese market. Additionally, Tesla's strategy to establish a factory in China is a protective measure against potential global tariffs, ensuring production for both China and the broader Asian market.

In what ways is the electric vehicle market maturing in China?

What are the implications of global tariffs on Tesla's production decisions?