On April 21st, Tesla investor Alex Avoigt took to social media stating, "Having invested in Tesla for 10 years, I can attest that the greatest leaps often come when doubts are highest. It's a reliable pattern of repetition, and it's happening again recently."
Elon Musk responded to this by saying, "Yes."
Another netizen shared a recording of Musk from a recent interview, where he said, "I have great confidence in Tesla's long-term value. I really see a path for the company's value to increase fivefold, even tenfold."
Musk responded to this by saying, "It will take a lot of work to achieve that, but it's indeed possible."
Today, Tesla's Model Y/S/X/3 lineup in China saw across-the-board price reductions, with prices starting at 231,900 RMB.
Specifically, the Model Y dropped to 249,900 RMB, the Model Y Long Range version to 290,900 RMB, and the Model Y Performance version to 354,900 RMB.
The Model S decreased to 684,900 RMB, while the Model S PLAID edition dropped to 814,900 RMB.
The Model X is now priced at 724,900 RMB, with the Model X PLAID edition at 824,900 RMB.
The refreshed Model 3 is now priced at 231,900 RMB, and the Model 3 Long Range refreshed edition at 271,900 RMB, with starting prices now lower than Xiaomi's SU7 Pro.