Tesla slashes Model 3, Model Y prices in China for the second time in three months

Earlier today, Tesla quietly announced new pricing for the China market. The Model 3 and Model Y saw their prices cut drastically, and Tesla finally revealed the pricing for the high performance Plaid edition of the Model S and Model Y, both of which were not previously sold in market.
This is the second pricing cut by Tesla for the lower priced models in three months. In late October, the automaker announced price cuts up to 9% on the Model 3 and Model Y.
The Model 3 is now priced at CNY 229,900 ($33,415), down from CNY 265,900, a reduction of CNY 36,000 ($5,240). The Model Y is now priced at

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