Electric vehicle giant Tesla reduced the prices of its cars globally after first quarter deliveries fell for the first time in nearly four years.
He reported that the company reduced the starting price of the Model 3 in China by 14.000 yuan to 231.900 Yuan ($32.000).
In Germany, the price of the Model 3 rear-wheel drive model has also reportedly dropped from 42.990 Euros to 40.990 Euros ($43.670,75) since February.
Price cuts were also experienced in many other countries in Europe, the Middle East and Africa, a Tesla spokesman said.