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AUSTIN, TEXAS - MAY 31: A Tesla Model Y is seen on a Tesla car lot on May 31, 2023, in Austin, Texas. Tesla's Model Y has become the world's best-selling car in the first quarter of 2023.
Pricing on the Model S hatchback drops by around $5000, and the Model X SUV now costs roughly $10,000 less than before.
In the firm’s June 2023 report, the data shows that used EV prices have fallen by nearly 30% year over year, with price drops actually accelerating from 8.8% in January to 16.8% in March and to ...
As Kelley Blue Book reported back in October, price cuts by Tesla in 2023 drove the EV market down more than 22% year-over-year in Sep. 2023, from $65,295 to $50,683.
2023 Tesla Model 3 “Over the past couple of years, the supply of EVs has generally outstripped demand, causing many manufacturers to lower their prices,” Tunnacliffe said.
Motorists who bought a Tesla in recent weeks expressed their anger after the car maker slashed prices by thousands of pounds on Friday. The starting price for a Model Y has been cut by £7,000 to ...
Elon Reeve Musk (/ ˈ iː l ɒ n m ʌ s k /; born June 28, 1971) is a businessman known for his key roles in Tesla, Inc., SpaceX, and Twitter (), as well as in the United States government since 2025 as a senior advisor to President Donald Trump and head of the Department of Government Efficiency.
Tesla's fourth-quarter sales for 2024 topped 2023, but full-year sales fell short. Grzegorz Wajda/SOPA/Getty Images Tesla said on Thursday that it sold about 1.79 million cars in 2024.
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