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- Tesla has lowered the price of its Model S sedan and Model X SUV in China after the country temporarily lowered some tariffs on cars imported from the US, CNBC reports.
- Tesla did not immediately respond to a request for comment.
- The Chinese government will temporarily remove 25% tariffs on 144 US vehicle and auto parts and 5% tariffs on 67 auto-related items between January 1 and March 31, Reuters reports.
- China has also reportedly decided to lower tariffs on some cars and auto parts from 40% to 15%.
Tesla has lowered the price of its Model S sedan and Model X SUV in China after the country temporarily lowered some tariffs on cars imported from the US, CNBC reports.
Tesla did not immediately respond to a request for comment.
For Chinese customers, the Model S starts at around $107,000, while the Model X starts at around $115,000, according to Tesla's Chinese website. For US customers, the Model S starts at $78,000 and the Model X starts at $84,000.
The Chinese government will temporarily remove 25% tariffs on 144 US vehicle and auto parts and 5% tariffs on 67 auto-related items between January 1 and March 31, Reuters reports. China has also reportedly decided to lower tariffs on some cars and auto parts from 40% to 15%.
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