Tesla raises the prices of its China-made Model 3 and Model Y electric vehicles, reversing course on two years of discounts amid shortage of automotive chips and parts

Tesla raised the price of its entry-model electric car for the second time in five days, and marked up its sports-utility vehicle, as a global shortage of automotive chips forced the market leader in the world’s largest automobile market to make a U-turn on almost two years of discounts.The sticker price of Tesla’s rear-wheel-drive Model 3, with a driving range of 556 kilometres (345 miles), went up by 1.9 per cent, or 4,752 yuan, to 255,652 yuan (US$39,992) after discounts, the carmaker said…

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Mainstream media is often "Fake News." Nevertheless, one needs to see what others are seeing and then read with discernment.

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