While several protests happened around China in front of Tesla Stores, in Taikoo Li, a shopping center in Chengdu, things got much more intense. According to Chinese blogger 不是郑小康, the angry customers got inside the shop, vandalized it, damaged the electric Cyberquad ATV, and ‘stole various gifts and snacks’. On January 6, Tesla China announced significant price cuts for its Chinese lineup. The new price of Model 3 is discounted by 20,000 – 36,000 yuan ($3,000 – $5,300) to 229,900 yuan – 329,900 yuan ($33,600 – $48,200). The Model Y price was lowered by 29,000 – 48,000 yuan ($4,200 – $7,000) to a final price of 259,900 – 359,900 yuan ($38,000 – $52,600), hitting a record low. This caused some anger among customers who had just picked up the new car as they paid the old, higher price. ...
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