Tesla (TSLA) shares are climbing higher today despite a mixed slew of news out of one of its most important markets, China.
Reports over the weekend detail a number of protests at Tesla showrooms, as recently Tesla buyers complained about the automaker’s decision to cut prices on Friday. The price cut was the second decrease in the past three months, as Tesla tries to increase demand in the competitive Chinese market. Reuters reports Tesla also cut prices in Australia, Japan, and South Korea.
Recent owners demanded that Tesla issue rebates and credits for purchases made right before the announcement of