Monday It was a tough day for the US stock market, But Tesla shares were particularly hit. Arrow Fell by 7.6 percent After Tesla lowered the price of Model 3 in China, Elon Musk CEO promised to reimburse US customers if they missed the deadline for a tax credit due to delayed shipping on model 3.
Reuters At the end of this week, Tesla's China's model 3 prices were reduced by 7.6 percent, at a price starting at 499,000 renminbi (about $ 72,000). This is the third time since November that Tesla China has lowered its car prices.
Was the first in November, when the price of models X and Model S of cars was reduced by 12 to 26 percent, noting that it "absorbs a large part of the tariff to help make cars more affordable to customers in China." Months, the Tesla X-style and the S-model again, citing China's decision Temporarily suspend the new tariff by 25 percent On American cars and auto parts as the two countries reached a cease-fire in the commercial war.
In October, Tesla announced on its website that if customers in the United States needed to apply for an S, Model X or Model 3 before Oct. 15 if they wanted a full federal tax credit of $ 7,500, which would begin to be phased out once the company sells Manufactured 200,000 eligible cars in the United States (hit Tesla this milestone earlier this year). As a result, the federal car tax 50 percent will be reduced to $ 3,750 For vehicles delivered from 1 January to 30 June 2019, before being halved on 1 July.
On Sunday, Mosk responded to a question that if the client's request was not delivered before December before the end of the year, Tesla would pay back the tax credits that had been lost.
If Tesla committed delivery and customers make good faith efforts to receive before the end of the year, Tesla will cover tax credit teams
After months of delay in production and delivery, Tesla Fulfillment Orders Form 3 In the third quarter of this year, when a total of 83,500 vehicles, including 55,840 model 3 units.