The price for Model 3s and Model Ys dropped by as much as 17 percent.
But this outrage over the price of goods doesn’t often spark actual physical protest in America. Not so in China.
“The fact that they can’t do protests at will does increase the possibility they’re going to protest against a business, not against the government or anything else,” Zhang said. “You can imagine there’s a certain energy that gets channeled into this.”Zhang said that there may be an even greater degree of anger in China because Tesla is seen as a premium brand that merits a sizable investment from owners counting on it holding its value. “This is not like buying a bag of potato chips,” he said.
Lee added that Tesla’s presence in the country as a foreign brand, as well as a luxury one, may have heightened the anger around these protests. They may also be somewhat less inclined to protest a homegrown company due to their connections with the Chinese government, she said.
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