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The latest in a series of price cuts that have wreaked cascading harm to the value of used Teslas now reduces the Model Y’s starting price to $42,990, before a federal tax credit that can cut up ...
Tesla cut the starting price of the revamped Model 3 in China by 14,000 yuan ($1,930) to 231,900 yuan ($32,000), its official website showed on Sunday.
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Tesla has announced aggressive price cuts in China and Germany, shortly after reducing prices in the United States, as the world’s largest maker of electric vehicles (EV) faces declining sales ...
On its China website, Tesla revealed new pricing for its Model 3 sedan and Model Y SUV, with the Model 3 seeing a 5.9% cut to 245,900 yuan ($34,600) and Model Y getting a 2.8% price cut to 258,900 ...
Musk shaved the price of the Model Y Long Range, Tesla’s single most important nameplate, to $48,990, representing a decrease of $2,000 versus its previous sticker price.
In China, where Tesla cut prices last week by 6-13.5%, owners protested at delivery centers, calling for compensation. Before the cuts, Tesla inventory in the United States, as tracked by models ...
Cutting prices from 6% all the way to nearly 20% is cutting deep into Tesla’s profit margins, which prior to these cuts was the envy of the automotive world (Tesla’s automotive gross margin ...