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Tesla China offers cash discounts for some Model Y types

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January 31, 2024 9:54 PM EST

FILE PHOTO: Visitors wearing face masks check a China-made Tesla Model Y sport utility vehicle (SUV) at the electric vehicle maker's showroom in Beijing, China January 5, 2021. REUTERS/Tingshu Wang/File Photo

BEIJING (Reuters) - Tesla China is offering 8,000 yuan ($1,114) of cash discounts from Thursday for some types of Model Y vehicles, it said on its official social media account.

Tesla has also upgraded the Model Y in China with Hardware 4.0, its latest generation of hardware capable of powering its Full Self-Driving advanced autonomous driving function.

($1 = 7.1794 Chinese yuan)

(Reporting by Beijing newsroom; Editing by Jacqueline Wong and Christopher Cushing)


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