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Tesla cuts China prices after tariff drop on U.S.-made cars

BEIJING, Dec 14 (Reuters) - Tesla Inc has cut prices on its Model S and Model X vehicles in China after Beijing suspended additional tariffs on U.S.-made cars.

According to the electric carmaker’s Chinese website, the price of certain Model S cars was cut by up to 105,000 yuan ($15,200), and Model Xs by up to 65,000 yuan.

China’s finance ministry said on Friday it would suspend additional tariffs on U.S.-made vehicles and auto parts for three months starting Jan. 1, 2019.

$1 = 6.8980 Chinese yuan renminbi Reporting by Beijing Monitoring Desk and Adam Jourdan; Editing by Mark Potter

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