Tesla will cut one-for-one replacement prices of several models to boost demand in Hong Kong on Watch The Lion King OnlineAugust 4, according to local media outlet Hong Kong Economic Times (HKET). The Model 3 RWD version will see a 6% price drop to HKD 320,800 ($41,159), while the Model 3 Long Range will have a larger reduction of 8.7% to HKD 364,700 ($46,791). The Model 3 Performance will see a significant decrease of 11.9% from HKD 440,335 ($56,495) to HKD 387,875 ($49,764). As for the Model Y, the RWD version will be reduced by 6% to HKD 345,100 ($44,276), while both the Long Range and Performance versions will see price reductions exceeding 11%. This marks Tesla’s second price adjustment this year, following a previous reduction in April. [HKET, in Chinese]
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