Tesla slashes prices in China, other Asian markets as sales stumble

Tesla slashes prices in China, other Asian markets as sales stumble

A Tesla car is seen in Santa Monica, California, United States, October 23, 2018. REUTERS/Lucy Nicholson

Tesla cut prices in China for the second time in less than three months on Friday, fuelling forecasts of a wider price war amid weaker demand in the world’s largest autos market.