Tesla has slashed prices on some vehicles in China by more than 40% compared to their sticker price in the US as Elon Musk’s struggling electric automaker responds to dwindling demand in the region. After a fresh round of discounts unveiled this week, the base version of Tesla’s Model Y SUV is available for the equivalent of $37,875 in China – a 43% discount compared to the cheapest available Model Y on sale in the US, Bloomberg reported Friday. The new price in China marked a 10% discount from its previous level. Tesla also chopped its ask for the base…