Tesla has cut prices for its existing inventories of its premium Model S and Model X cars in China by as much as 6.9%, it said on Wednesday. A post from the carmaker on social media platform Weibo showed the price of the Model S cut 6.7% to 754,900 yuan ($103,477.58) from 808,900 yuan earlier. The Model X now starts from 836,900 yuan, down 6.9% from 898,900 yuan earlier.
Read full NASCAR article on Yahoo Sports
Read all NASCAR articles