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Tesla Inc (NASDAQ: TSLA) has introduced and started accepting pre-orders for its locally built electric mid-size SUV Model Y’s standard variant in China for under RMB 300,000 ($46,000), thus qualifying it for state-led subsidies, shows the company’s website. What Happened: The Elon Musk-led electric automaker’s more affordable variant of the Model Y is expected to begin deliveries in August and can be booked at RMB 276,000 ($42,619) for an estimated 322 miles range, counting subsidies.
...read full article on Benzinga
