Tesla is playing a brutal price game of 'how low can you go' with its Chinese EV rivals
Tesla vehicles sitting on the lot at a Tesla dealership in Austin, Texas.
Brandon Bell via Getty Images
- Tesla slashed prices for its Model 3, S, X, and Y in China by $1,930 each over the weekend.
- The wave of price cuts come amid declining sales and heightened competition from its Chinese rivals.
- "Tesla prices must change frequently in order to match production with demand," Musk said on Sunday.
Tesla, eager to hold on to its market share in China, is amping...
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