Tesla Inc. raised the price of a Model 3 sedan in China by 1,000 yuan ($155) from Saturday, citing cost fluctuations, APA reports citing Bloomberg.
The basic model of the vehicle is now priced at 250,900 yuan, the automaker said in a post on its Weibo social media account. China’s inflation is generally under control, The Economic Daily reported Friday, citing an official from the National Bureau of Statistics.