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Tesla to raise prices in China, on August 30, and in December, sources

FILE PHOTO: a Tesla car is seen in Santa Monica, California, United States of america, from 23 October 2018. REUTERS/Lucy Nicholson/File Photo

SHANGHAI (Reuters) – U.S. electric car maker Tesla Inc. (TSLA.(O) it will be on Friday the increase of its prices in China, ahead of schedule, and is considering raising the rates again in December, the Chinese import duties on U.S. cars, the effect to two people familiar with the matter said.

The people declined to be identified as the plans have not been disclosed to the public. A Tesla representative did not immediately respond to Reuters’ request for comment on Monday.

Reporting Yilei Sun, and, by Brenda Goh; Editing by Christopher Cushing

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