Tesla consumers who purchased vehicles at the end of 2022 are protesting in China after the electronic vehicle pioneer dropped prices of two models after poor sales numbers.
Tesla’s Model 3, the least expensive vehicle it has on the market, will cost Chinese consumers about $33,427, down from $38,704. The price of the Model Y was lowered from $42,051 to $37,830.
Energy market analysis Anas Alhajji in Dallas, Texas tweeted a clip of protestors walking into a Tesla store in China. A man wearing a face mask following the coronavirus disease outbreak walks by Tesla Model 3 sedans and Tesla Model X sport utility vehicle at a new Tesla showroom in Shanghai, China May 8, 2020.
"Protesters who bought Tesla vehicles stormed a Tesla store in China after price cuts demanding a refund of the price difference," Alhajji said, asking if followers thought the protesters should be refunded the price difference.
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