Tesla has indicated longer waiting times for potential buyers of some versions of the Model Y in China, signalling that price cuts announced on Friday could be stoking demand in the electric vehicle maker's second-largest market.
People check a Tesla Model Y electric vehicle displayed at its booth during the 2021 China International Fair for Trade in Services in Beijing, China September 4, 2021. REUTERS/Florence Lohas indicated longer waiting times for potential buyers of some versions of the Model Y in China, signalling that price cuts announced on Friday could be stoking demand in the electric vehicle maker's second-largest market.
The wait as of Monday was two to five weeks on those models. The wait time for all versions of the Model 3 and the performance version of the Model Y remained at one to four weeks as of Monday. Angry Chinese owners who bought Tesla cars in late 2022 and missed out on the additional discount said they were waiting for a response to the company for their demand for some kind of compensation afterA Tesla representative told Reuters on Saturday that the company has no plan to compensate those buyers for price cuts they had missed. The company did not respond to a request for comment on Monday.
Chinese state media have largely opted not to cover the protests, which online videos showed happened in cities including Beijing, Shenzhen, Chengdu and Xi'an. Reuters witnessed a protest at a Tesla facility in Shanghai.
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