Business

Tesla Stock Falls. It’s All About China.


Electric car maker


Tesla


minimize costs in China, the biggest marketplace for new vehicles and electrical automobiles on the planet. Investors are nervous.



Tesla


Chinese website on Sunday confirmed decrease costs to purchase Tesla automobiles. A Model Y, as an example, now begins at about 289,000 Chinese yuan (about $39,500). A short time in the past, the Model Y began at about $43,000.



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