From Nasdaq:

Tesla unveiled new incentives in China, including insurance subsidies and discounts of up to 34,600 yuan for pickups of existing Model 3 and Model Y inventories. Additional discounts are offered for car insurance products, paint changes, and preferential financing plans. Competitor BYD lowered prices on its Song Pro hybrid SUV, responding to market competition.



Read more at Nasdaq: Tesla rolls out new incentives in China as price war escalates