Tesla Drops its Prices for Models S & X in China

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Since the US-China trade war is on somewhat positive ground with both superpowers agreeing to suspend the tariffs for a 90 day period, Tesla has dropped their prices for its Model S and Model X vehicles in China.

China’s finance ministry said on Friday it would suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019.

According to the electric carmaker’s Chinese website, the price of certain Model S cars was cut by up to 105,000 yuan ($15,200), and Model Xs by up to 65,000 yuan.

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