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Tesla increases the price of the Model X and the Model S in China ” width=”658″ height=”370″ itemprop=”image”/> Tesla increases the prices of the Model X and Model S in China by 20,000 ELECTrek. This makes Tesla one of the first US players in the auto market to raise its prices at the dawn of the trade war, reports Reuters. China has introduced retaliatory duties on imports of US cars in response to President Donald Trump's decision to charge duties on imports of Chinese products for $ 34 billion Tesla relies heavily on China to increase sales of electric vehicles. build a factory in the country, which is also the largest automobile market in the world In May the company reduced the price of model X to $ 14,000 in China, Beijing has announced a significant reduction in import duties for imported cars. China transports about 17% of Tesla's total revenue in 2017, and the company has sold about 15,000 cars in the country per year Model S and Model X prices were increased over the week of 150 to 250 thousand yuan ($ 22,600 to $ 37,000 1969,000) Tesla did not respond immediately to a request for comment from Reuters On Thursday, Ford Motor announced that it would not increase the prices of its imported cars up to now, including luxury Lincoln models.
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