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Tesla cut prices to fight a "price war"? Musk denied it and revealed why

A few days ago, some market analysts posted on Twitter that Tesla has opened a price war between electric vehicles and fuel vehicles, and this has just begun. Elon Musk denied that Tesla "started a price war."

Musk said that Tesla cut prices only to cover more consumers, not to fight a "price war". Musk also said earlier that the reason for the price reduction is not that everyone has no demand for Tesla, but that everyone cannot afford it, and only by reducing the price of the car is to really meet the demand.

Tesla cut prices to fight a "price war"? Musk denied it and revealed why

Musk further explained: "Many wealthy critics do not understand that mass demand is limited by affordability. There is a lot of demand for our products, but if the price is more than the money people have, then this demand is irrelevant. ”

This month, Tesla set off a wave of price cuts around the world, sparking speculation about price wars:

On April 7, Tesla cut prices in the United States, Model 3/Y reduced prices by $1,000 and $2,000 respectively, and Model S/X reduced prices by $5,000, an overall decrease of between 2% and 6%. Tesla also officially launched a low-priced Model Y model in the United States, starting at $49,990.

On the 12th, Tesla announced in Hong Kong, China, that the price of the Model 3 high-performance version and long-range version was reduced by more than 10% respectively. On the 14th, Tesla Denmark reduced the price of the high-performance version of the Model 3/Y by more than 9%.

However, in the global market, Tesla China's price is currently the lowest, taking the most concerned Model 3 rear-drive version as an example, the domestic price is from 229,000 yuan, the lowest in the world.

Tesla cut prices to fight a "price war"? Musk denied it and revealed why
Tesla cut prices to fight a "price war"? Musk denied it and revealed why

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