Tesla Model 3s Can Earn Subsidies In China

Benzinga

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December 7th, 2019

DESCRIPTION

Tesla Inc. (NASDAQ: TSLA) traded up 1.8% Friday on reports that Model 3s produced at its Shanghai plant would qualify for Chinese subsidies. China’s Ministry of Industry and Information Technology included two versions of the sedan on a list of vehicles qualified for a 25,000 yuan, or $3,550, subsidy. Read more: https://bit.ly/2PsnMnY

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