Tesla Officially Announces Significant Price Reduction on Available Cars with Discounts of up to 45,000 Yuan On July 1st, Tesla announced on its official Weibo account that customers who purchase the new Model S/X can enjoy discounts ranging from 35,000 to 45,000 yuan. After the discount, the starting price for the Model S is 773,900 yuan, and the starting price for the Model X is 863,900 yuan. This is the first price reduction for the Model S/X in China since its release earlier this year.