EV giant Tesla Inc (NASDAQ:TSLA) has cut the prices on its cheapest vehicle in China by as much as 6% while also cutting prices on its best-selling SUV. What Happened: According to the Tesla website, the Model 3 rear-wheel drive is now priced at 15,500 yuan (about $2,183) lower at 245,900 yuan while its long-range version is priced at 285,900 yuan. The company also cut prices on select versions of its Model Y SUV by as much as 2.8%. While the rear-wheel drive version is now priced at 7,500 yuan (about $1,056) lower at 258,900 yuan, the long-range version is priced at 299,900 yuan. The price of…