You dont have javascript enabled! Please enable it!
  • Tech News
    XPeng Reports $1.33B Loss in 2022

    XPeng Reports $1.33B Loss in 2022

    Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company

    Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company

    Texas Instruments Sets High Expectations for the Chinese Market

    Texas Instruments Sets High Expectations for the Chinese Market

    “Legend of Hearthstone” Will Not Participate in the Hangzhou Asian Games

    “Legend of Hearthstone” Will Not Participate in the Hangzhou Asian Games

  • Reviews
    TechEngage®

    An ambitious phone with Wild Camera & tricks

    TechEngage®

    Google Pixel 3 Review: Consistently Unbeatable Camera Lord

    TechEngage®

    Pocophone F1 review: “Flagship Killer” killer?

    Slim, Slick & Economically Premium

    Slim, Slick & Economically Premium

    TechEngage®

    NVIDIA’s Quadro RTX 4000 GPU to be a $900 graphics beast

    TechEngage®

    Xiaomi Mi 8 Pro review; Should we still go for Mi 8?

  • Noteworthy
    TechEngage®

    Russia to briefly “turn off” country’s Internet entry. But why?

    TechEngage®

    Sprint announces first solid plans to unveil 5G infrastructure at MWC19

    Drunk shopping could be a $45 billion industry

    Drunk shopping could be a $45 billion industry

    TechEngage®

    The advantages and benefits of electronic signature

    TechEngage®

    Father of “cut, copy, and paste” Larry Tesler, dies at 74

    TechEngage®

    How the use of modern technology is messing up our sleep

  • Science
    • All
    • Energy
    • Environment
    • Health
    • Space
    TechEngage®

    Asthma and technological innovations for treating it

    Virtual Healthcare; A revolution in medical technology

    Virtual Healthcare; A revolution in medical technology

    Revolutionizing Healthcare Management; Virtual Nurse

    Revolutionizing Healthcare Administration; Virtual Nurse

    TechEngage®

    Biotechnology 2018 trends that are a complete knockout

  • Opinions
    TechEngage®

    Fundamentals of Wealth Creation for Better Outcomes

    TechEngage®

    Change; The only Constant in this World

    TechEngage®

    Proactive & Reactive being two extremes of different worlds

    TechEngage®

    Walmart suffered cases of gender discrimination

    TechEngage®

    How Digital Education features; its Pros and Cons

    TechEngage®

    Impact of Violent Video Games on Youth

  • Applications
    TechEngage®

    Google Play Pass will give access to paid apps

    TechEngage®

    Quizlet reaches 50 Million Users milestone

    TechEngage®

    Eradicate Gender Inequality through Crowd mapping!

    TechEngage®

    How mobile phone apps can help pregnant women

    TechEngage®

    Apple News app will be broadcasting live election results

    TechEngage®

    TikTok becomes the most downloaded app on the App Store

  • Blockchain
    TechEngage®

    Common mistakes new crypto investors make

    TechEngage®

    Microsoft launches Azure Blockchain Dev Kit

    TechEngage®

    The mystery behind Twitter Bitcoin scams has been solved

    TechEngage®

    Make-A-Wish website hit with the cryptojacking plight

    Two-million-year-old DNA, oldest ever found, opens window to Greenland's past

    Two-million-year-old DNA, oldest ever found, opens window to Greenland’s past

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    This Chinese electric car giant will produce in Europe and that could change a lot of things

  • Applications
    TechEngage®

    Google Play Pass will give access to paid apps

    TechEngage®

    Quizlet reaches 50 Million Users milestone

    TechEngage®

    Eradicate Gender Inequality through Crowd mapping!

    TechEngage®

    How mobile phone apps can help pregnant women

  • Culture
    Two-million-year-old DNA, oldest ever found, opens window to Greenland's past

    Two-million-year-old DNA, oldest ever found, opens window to Greenland’s past

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    This Chinese electric car giant will produce in Europe and that could change a lot of things

  • Deals
    TechEngage®

    New York Times joins with Scribd to offer an economical subscription bundle

    TechEngage®

    Motorola puts up some scary good deals for Halloween

    TechEngage®

    Lavender version of Samsung Galaxy Note 9 will be $140 off

    TechEngage®

    Samsung trade up to Galaxy A7 provide; Holiday offers spree just got better

  • Events
    TechEngage®

    Nokia to launch new smartphones on April 8th

    TechEngage®

    What to expect from Samsung Galaxy Unpacked event

    TechEngage®

    What to expect from the OnePlus 9 launch event

    TechEngage®

    What to expect from Apple’s WWDC21 event

  • How-to
    Two-million-year-old DNA, oldest ever found, opens window to Greenland's past

    Two-million-year-old DNA, oldest ever found, opens window to Greenland’s past

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    This Chinese electric car giant will produce in Europe and that could change a lot of things

  • Roundups
    TechEngage®

    Best Android Launchers of 2023

    10 Most Anticipated Upcoming Smartphones of 2023

    10 Most Anticipated Upcoming Smartphones of 2023

    TechEngage®

    Best Family Board Games to Buy on Amazon for 2023

    TechEngage®

    Top 10 Best Virtual Assistant Apps 2023

  • Startups
    Two-million-year-old DNA, oldest ever found, opens window to Greenland's past

    Two-million-year-old DNA, oldest ever found, opens window to Greenland’s past

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    Techabout Banner

    TechAbout: A venture that adds life to your dreams

    Avatar Of Nur

    These 5 Startups Will Change the Future of Health-tech

Monday, March 20, 2023
Tech News, Magazine & Review WordPress Theme 2017
No Result
View All Result
  • Tech News
    XPeng Reports $1.33B Loss in 2022

    XPeng Reports $1.33B Loss in 2022

    Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company

    Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company

    Texas Instruments Sets High Expectations for the Chinese Market

    Texas Instruments Sets High Expectations for the Chinese Market

    “Legend of Hearthstone” Will Not Participate in the Hangzhou Asian Games

    “Legend of Hearthstone” Will Not Participate in the Hangzhou Asian Games

  • Reviews
    TechEngage®

    An ambitious phone with Wild Camera & tricks

    TechEngage®

    Google Pixel 3 Review: Consistently Unbeatable Camera Lord

    TechEngage®

    Pocophone F1 review: “Flagship Killer” killer?

    Slim, Slick & Economically Premium

    Slim, Slick & Economically Premium

    TechEngage®

    NVIDIA’s Quadro RTX 4000 GPU to be a $900 graphics beast

    TechEngage®

    Xiaomi Mi 8 Pro review; Should we still go for Mi 8?

  • Noteworthy
    TechEngage®

    Russia to briefly “turn off” country’s Internet entry. But why?

    TechEngage®

    Sprint announces first solid plans to unveil 5G infrastructure at MWC19

    Drunk shopping could be a $45 billion industry

    Drunk shopping could be a $45 billion industry

    TechEngage®

    The advantages and benefits of electronic signature

    TechEngage®

    Father of “cut, copy, and paste” Larry Tesler, dies at 74

    TechEngage®

    How the use of modern technology is messing up our sleep

  • Science
    • All
    • Energy
    • Environment
    • Health
    • Space
    TechEngage®

    Asthma and technological innovations for treating it

    Virtual Healthcare; A revolution in medical technology

    Virtual Healthcare; A revolution in medical technology

    Revolutionizing Healthcare Management; Virtual Nurse

    Revolutionizing Healthcare Administration; Virtual Nurse

    TechEngage®

    Biotechnology 2018 trends that are a complete knockout

  • Opinions
    TechEngage®

    Fundamentals of Wealth Creation for Better Outcomes

    TechEngage®

    Change; The only Constant in this World

    TechEngage®

    Proactive & Reactive being two extremes of different worlds

    TechEngage®

    Walmart suffered cases of gender discrimination

    TechEngage®

    How Digital Education features; its Pros and Cons

    TechEngage®

    Impact of Violent Video Games on Youth

  • Applications
    TechEngage®

    Google Play Pass will give access to paid apps

    TechEngage®

    Quizlet reaches 50 Million Users milestone

    TechEngage®

    Eradicate Gender Inequality through Crowd mapping!

    TechEngage®

    How mobile phone apps can help pregnant women

    TechEngage®

    Apple News app will be broadcasting live election results

    TechEngage®

    TikTok becomes the most downloaded app on the App Store

  • Blockchain
    TechEngage®

    Common mistakes new crypto investors make

    TechEngage®

    Microsoft launches Azure Blockchain Dev Kit

    TechEngage®

    The mystery behind Twitter Bitcoin scams has been solved

    TechEngage®

    Make-A-Wish website hit with the cryptojacking plight

    Two-million-year-old DNA, oldest ever found, opens window to Greenland's past

    Two-million-year-old DNA, oldest ever found, opens window to Greenland’s past

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    This Chinese electric car giant will produce in Europe and that could change a lot of things

  • Applications
    TechEngage®

    Google Play Pass will give access to paid apps

    TechEngage®

    Quizlet reaches 50 Million Users milestone

    TechEngage®

    Eradicate Gender Inequality through Crowd mapping!

    TechEngage®

    How mobile phone apps can help pregnant women

  • Culture
    Two-million-year-old DNA, oldest ever found, opens window to Greenland's past

    Two-million-year-old DNA, oldest ever found, opens window to Greenland’s past

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    This Chinese electric car giant will produce in Europe and that could change a lot of things

  • Deals
    TechEngage®

    New York Times joins with Scribd to offer an economical subscription bundle

    TechEngage®

    Motorola puts up some scary good deals for Halloween

    TechEngage®

    Lavender version of Samsung Galaxy Note 9 will be $140 off

    TechEngage®

    Samsung trade up to Galaxy A7 provide; Holiday offers spree just got better

  • Events
    TechEngage®

    Nokia to launch new smartphones on April 8th

    TechEngage®

    What to expect from Samsung Galaxy Unpacked event

    TechEngage®

    What to expect from the OnePlus 9 launch event

    TechEngage®

    What to expect from Apple’s WWDC21 event

  • How-to
    Two-million-year-old DNA, oldest ever found, opens window to Greenland's past

    Two-million-year-old DNA, oldest ever found, opens window to Greenland’s past

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    This Chinese electric car giant will produce in Europe and that could change a lot of things

  • Roundups
    TechEngage®

    Best Android Launchers of 2023

    10 Most Anticipated Upcoming Smartphones of 2023

    10 Most Anticipated Upcoming Smartphones of 2023

    TechEngage®

    Best Family Board Games to Buy on Amazon for 2023

    TechEngage®

    Top 10 Best Virtual Assistant Apps 2023

  • Startups
    Two-million-year-old DNA, oldest ever found, opens window to Greenland's past

    Two-million-year-old DNA, oldest ever found, opens window to Greenland’s past

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    This Chinese electric car giant will produce in Europe and that could change a lot of things

    Techabout Banner

    TechAbout: A venture that adds life to your dreams

    Avatar Of Nur

    These 5 Startups Will Change the Future of Health-tech

No Result
View All Result
Tech News
No Result
View All Result

Tesla Global VP Grace Tao Explains China Price Adjustment Strategy

January 10, 2023
in Tech News
Home Tech News

Our mission is to provide unbiased product reviews and timely reporting of technological advancements. Covering all latest reviews and advances in the technology industry, our editorial team strives to make every click count. We aim to provide fair and unbiased information about the latest technological advances.
Share on FacebookShare on Twitter

Tesla China just lately decreased the costs of its Model 3 and Model Y, inciting the frustration of earlier consumers and driving an uptick in new prospects. On January 9, Grace Tao, international vp of Tesla, tried to make clear the corporate’s pricing logic. The following content material relies on an article by Chinese media outlet AutoReport printed on January 10.

The newest worth drop is the fourth made by Tesla China since September final 12 months, but it surely can’t be ignored that some Tesla fashions have additionally skilled six consecutive worth will increase up to now 12 months.

Tao mentioned, “The adjustment of the price of a product is actually a prediction of the cost change of the enterprise in the next period of time. The biggest difference between 2023 and last year is that the pandemic has basically passed. We believe that the supply chain has returned to normal to a great extent, and there will be no unpredictable shortage of materials as in previous years, which will bring uncertainty in cost. Compared with last month, consumers think that our prices have dropped a lot. In fact, the price last month rose.”

SEE ALSO: Tesla’s Sharp Price Drop in China Spurs Car Owner Complaints

As for the worth adjustment since then, she believed that the localization fee of Tesla’s provide chain in China has reached 95%, and theoretically there may be not a lot room for enchancment, so after this adjustment, costs could be comparatively secure.

On the weekend after Tesla introduced the worth drop, some shops and supply facilities throughout the nation had been the recipients of automobile house owners’ complaints and calls for for compensation.

See also  Tesla launches ‘Tesla Electric’ electricity retailer

Tao mentioned that the agency has used some comparatively new concepts, reminiscent of a direct gross sales mode and worth changes. Under the direct gross sales mode, costs are utterly open and clear, with no low cost or worth improve. As everybody step by step understands why Tesla needs to do that, Tao believes that they could ultimately get used to it.

Some insiders speculated that Tesla’s worth discount is as a result of the expansion fee of orders has did not sustain with its growing manufacturing capability. After the worth discount, the estimated supply time of its Model Y has modified from “1-4 weeks” to “2-5 weeks,” which displays this view.

“You may see that there are some differences between our output and sales volume, mainly because of our large scale, for example, some cars are on the way to transportation. I think this is very normal. The delivery cycle is related to effective working hours. For example, there is a holiday during the Spring Festival, so the whole January only has about two weeks to work. It is unlikely to reach full production,” mentioned Tao.

On January 1 this 12 months, China abolished a subsidy coverage for brand new power autos that had lasted for greater than 10 years, and types together with BYD, Chery, Changan Automobile and Leapmotor have elevated their costs to various levels. On January 9, Li Xiang, the founder, chairman and CEO of Li Auto, mentioned on social media that the biggest shopper group of its L7 mannequin, which might be launched on February 8, is earlier Tesla consumers.

See also  Elon Musk to Acquire Twitter for $44 Billion

Tao mentioned that Tesla has by no means regarded different electrical car firms as opponents, and believes that every one producers ought to work collectively to excellent merchandise and meet the wants of consumers in numerous market segments.

Finally, Tao denied varied rumors a few doable smartphone enterprise, the Tesla Model 2, a second manufacturing unit in China, and Tom Zhu’s promotion.

Sign up immediately for five free articles month-to-month!



Pandaily Substack subscribe

…. to be continued
Read the Original Article
Copyright for syndicated content material belongs to the linked Source : Pandaily – https://pandaily.com/tesla-global-vp-grace-tao-explains-china-price-adjustment-strategy/

ADVERTISEMENT
Tags: globalTesla

Denial of responsibility! tech-news.info is an automatic aggregator around the global media. All the content are available free on Internet. We have just arranged it in one platform for educational purpose only. In each content, the hyperlink to the primary source is specified. All trademarks belong to their rightful owners, all materials to their authors. If you are the owner of the content and do not want us to publish your materials on our website, please contact us by email – [email protected]. The content will be deleted within 24 hours.
Previous Post

Baidu’s Robin Li Introduces Firm’s Feedback-Driven Innovation

Next Post

Xiaomi Founder Lei Jun Steps Down From Roles at Three Affiliated Firms

RelatedPosts

XPeng Reports $1.33B Loss in 2022
Tech News

XPeng Reports $1.33B Loss in 2022

March 20, 2023
Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company
Tech News

Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company

March 20, 2023
Texas Instruments Sets High Expectations for the Chinese Market
Tech News

Texas Instruments Sets High Expectations for the Chinese Market

March 20, 2023
“Legend of Hearthstone” Will Not Participate in the Hangzhou Asian Games
Tech News

“Legend of Hearthstone” Will Not Participate in the Hangzhou Asian Games

March 20, 2023

Recommended.

  • All
  • Tech News
XPeng Reports $1.33B Loss in 2022

XPeng Reports $1.33B Loss in 2022

March 20, 2023
Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company

Sinovation Ventures Chairman Kai-Fu Lee Starts New AI Company

March 20, 2023
Texas Instruments Sets High Expectations for the Chinese Market

Texas Instruments Sets High Expectations for the Chinese Market

March 20, 2023
“Legend of Hearthstone” Will Not Participate in the Hangzhou Asian Games

“Legend of Hearthstone” Will Not Participate in the Hangzhou Asian Games

March 20, 2023
Qihoo 360 Founder Reveals Large Language Model Development Plan

Qihoo 360 Founder Reveals Large Language Model Development Plan

March 20, 2023
Test your luck of the Irish with this puzzle that pays up to $1 million

Test your luck of the Irish with this puzzle that pays up to $1 million

March 20, 2023

Tags

-Inch (41)amazon (74)Android (62)Announces (32)Apple (230)Apples (40)Black (44)ChatGPT (42)China (28)Chinese (61)Cyber (45)Deals (60)Digital (35)First (46)Friday (36)Galaxy (175)Gaming (58)Google (166)Heres (53)iPhone (96)Launch (55)launches (55)Lenovo (40)Microsoft (101)Motorola (33)NVIDIA (28)OnePlus (119)Phone (39)Pixel (50)price (30)Realme (60)Redmi (50)Review (97)Samsung (230)Security (31)series (39)Smart (28)Tech News (357)Tesla (46)Twitter (77)unveils (35)Watch (69)Weekly (35)Windows (39)Xiaomi (98)

Categories

Archives

March 2023
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Feb  
© 2022 Tech-News.info
DMCA.com Protection Status
No Result
View All Result
  • Home 2

© 2022 Tech-News.info
DMCA.com Protection Status

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
error: Alert: Content selection is disabled!!
Go to mobile version

Tesla Global VP Grace Tao Explains China Price Adjustment Strategy