Tesla Will Not Compensate Protesters In China After EV Price Cuts

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Tesla Will Not Compensate Protesters In China After EV Price Cuts
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Tesla Will Not Compensate Protesters In China After EV Price Cuts via insideevs.com

has bounced the prices of its vehicles all over the map this year, as financial markets across the globe have been a mess due to the aftermath of the COVID-19 pandemic. While Tesla promises consistent pricing, unlike rival automakers that use franchised dealer networks, it also has the ability to raise and lower its prices at any time, and as often as possible.warned of inflation and a potential recession.

With all of that said, while Tesla's price cuts benefit you if you've yet to buy, they hurt you if you bought at a higher price. Your new Tesla EV loses value immediately, and, of course, you're probably jealous that your friends and neighbors can get into the same car as you at a reduced price. Moreover, the protesters are unhappy about the fact that Tesla encouraged them to buy before the end of 2022 by offering price cuts and incentives, but then offered even better prices after the new year. Some suggest they canceled their orders with other brands to make sure they could buy a Tesla at a discount before the end of 2022.

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