Logo 21 Mar 2024

Tesla raises prices, but no white flag

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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China's epic auto price war may be coming to an end.
On Wednesday, Caixin reported that Tesla will increase the price of its domestic Model Y by RMB 5,000 starting April 1.

The existing RMB 8,000 insurance subsidy will also expire on March 31.

Some context: On Monday, Tesla announced North America...