A representative for Tesla China told Reuters on Saturday that the company has no plans to repay purchasers who took delivery prior to the most recent price decrease.
When questioned about the demonstrations, he did not answer.
In 2021, China accounted for almost one-third of Tesla’s worldwide sales, and its Shanghai factory, which employs around 20,000 people, is the company’s single most productive and profitable unit.
Analysts are optimistic about Tesla’s price reduction driving sales growth at a time when the company is a year away from revealing its next new vehicle, the Cybertruck.
“Nowhere else in the world is Tesla faced with the kind of competitors that they have here [in China],” said Bill Russo, the Shanghai-based director of consultancy Automobility Ltd.
