Tesla offers $1,100 insurance subsidy for Model 3 purchases in China
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FILE PHOTO: Tesla's new Model 3 sedan is seen displayed at the China International Fair for Trade in Services (CIFTIS) in Beijing, China September 2, 2023. REUTERS/Florence Lo/File Photo
BEIJING (Reuters) - U.S. automaker Tesla announced Wednesday that it would offer an 8,000 yuan ($1,101.90) insurance subsidy for purchases of Model 3 vehicles in China until March 17.
($1 = 7.2602 Chinese yuan renminbi)
(Reporting by Beijing newsroom; Editing by Christian Schmollinger)
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