Tesla offers insurance subsidy for Model 3 buyers in China

BEIJING (Reuters) – Tesla China is offering insurance subsidies of 8,000 yuan ($1,103.34) for all Model 3 buyers, the automaker announced on its official Weibo account on Wednesday.

($1 = 7.2507 Chinese yuan)

(Reporting by Ethan Wang and Ryan Woo; Editing by Jacqueline Wong)

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