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China auto price war intensifies as Tesla offers CNY 5,000 and CNY 10,000 incentives

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  • Tesla China launched September cash incentives covering the Model 3 and Model Y lineups.
  • CNY 5,000 applies to Model 3 and CNY 10,000 to Model Y deliveries by September 30.
  • CPCA recorded Tesla China January-July 2026 retail sales of about 266,000 units, down 12.44% year over year.
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