HONG KONG -- U.S. electric automaker Tesla has lowered the price of its first China-produced model after starting deliveries this week amid a record slump in the country's car market, the world's largest.
US automaker eyes Lunar New Year buyers as Shanghai factory deliveries begin

Tesla this week began deliveries of its Model 3 sedan from its new factory in Shanghai. © Reuters
HONG KONG -- U.S. electric automaker Tesla has lowered the price of its first China-produced model after starting deliveries this week amid a record slump in the country's car market, the world's largest.