Tesla cuts price for China-made Model 3 cars by 10%
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Tesla has cut starting price for its China-made Model 3 sedans by 10% to make up for the subsidies in China, the world’s biggest auto market. Tesla had started the delivery of cars from the $2 billion Shanghai car plant back in December. The starting price has been cut for the American automaker’s Standard Range Plus Model 3 sedans to 271,550 yuan ($38,463.17), after receiving 20,250 yuan per car as EV subsidies.