“The price drop makes Tesla more accessible,” the company said in a Chinese-language statement. The new technology cuts charging times to about 15 minutes, Tesla said in a blog post in March. The need for Tesla to expand beyond the US was highlighted by its latest quarterly results, which missed analysts’ projections. A 31 percent quarter-on-quarter drop in deliveries in the first three months contributed to a 43 percent plunge in Tesla shares this year. Separately, Tesla tweeted that the Model 3 can now also be ordered in Australia, Hong Kong, Japan, New Zealand, Ireland and Macau.

Source: Taipei Times May 31, 2019 15:56 UTC