TSLA ▼ -1.9% - Tesla, Inc. $TSLA Tesla has launched a simplified, lower-priced Model 3 in Hong Kong and Macau. The Hong Kong starting price is HKD 205,000 (≈USD 26,150), about 8.5% below the prior base model; Macau starting price is MOP 252,000 (≈USD 31,200). Tesla has removed or downgraded some interior and exterior features while the official single-charge maximum range is listed at 572 km. Tesla launched a simplified, lower-priced Model 3 in Hong Kong and Macau with starting prices approximately 8.5% below the previous base model, achieved by removing or downgrading certain interior and exterior features. Despite the price reduction potentially broadening market appeal in these regions, Tesla shares declined 1.9% today, suggesting investors may view the lower-priced offering as a margin-pressure strategy or remain concerned about broader demand dynamics in key Asian markets. 30-AUG-2026 09:56 AM ET