Tesla cuts delivery waiting time for all model 3, model Y cars
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FILE PHOTO: Model Y cars are pictured during the opening ceremony of the new Tesla Gigafactory for electric cars in Gruenheide, Germany, March 22, 2022. Patrick Pleul/Pool via REUTERS/File Photo
BEIJING (Reuters) -Tesla has cut the delivery waiting time for all Model 3 and Model Y vehicles to a minimum of one week, it said on its website on Tuesday.
The U.S. automaker added to its electric vehicle inventory in Shanghai at its fastest pace ever in October, data from China Merchants Bank International (CMBI) showed, at a time when automakers and investors are bracing for a downturn in the world’s largest car market.
Tesla had cut prices for its Model 3 and Model Y cars in China last month to boost sales.
Last week, the company offered an additional rebate for buyers who take delivery this month and buy insurance from one of Tesla's partners.
(Reporting by Zhang Yan, Twinnie Siu and Ella Cao, Editing by Louise Heavens and Louise Heavens)
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