Tesla could raise prices in China due to lower yuan ahead of Chinese-made Model 3 rollout

[link to electrek.co (secure)]

"Tesla is currently considering raising prices in China due to the Chinese yuan falling, according to a new report.

The price change would come just ahead of Tesla rolling out its first Chinese-made Model 3 vehicles to avoid tariffs imposed on US imports.


The yuan fell to the critical level of 7 yuan to $1 USD — a first in over a decade. The value dropped after President Donald Trump surprised many by promising to impose new 10% tariffs on another $300 billion of Chinese imports starting next month."