Balanced News: Tesla slashes Model 3, Model Y prices in China for the second time in three months

Earlier today, Tesla quietly announced new pricing for the China market. The Model 3 and Model Y saw their prices cut drastically, and Tesla finally revealed the pricing for the high performance Plaid edition of the Model S and Model Y, both of which were not previously sold in market. Specifically for China, earlier today, the China Passenger Car Association (CPCA) reported Tesla vehicle shipments dropped 44% to 55,796 in November as the automaker reduced factory output and cut prices amid reduced demand.