Credit to Author: Zachary Shahan| Date: Fri, 16 Jun 2023 08:57:28 +0000
Historically, to push more vehicle sales out at the end of the quarter, Tesla has added certain buyer incentives from time to time. This is one of those quarters, and particularly for the Tesla Model 3 in the United States. It’s not the biggest incentive in the world, but Tesla is now offering 3 months […]
Credit to Author: Guest Contributor| Date: Sat, 13 May 2023 11:01:34 +0000
Tesla’s price reductions in the first quarter of the year have sent waves through the auto industry. As legacy automakers and startups both try to catch up to Tesla’s electric vehicle dominance, some are wondering if the automaker’s price cuts could actually spur on a quicker transition to EVs. While the affordability of EVs remains […]
Credit to Author: Vijay Govindan| Date: Tue, 11 Apr 2023 03:37:27 +0000
Every quarter, Tesla releases delivery numbers. There was great anticipation for the Q1 2023 numbers after Tesla launched massive price cuts. The numbers show growth quarter over quarter and year over year. Digging deeper, there is some disturbing news. CNBC, in the article “Tesla reports 422,875 deliveries for first quarter of 2023,” summarizes that 422,875 […]
Credit to Author: Steve Hanley| Date: Sun, 09 Apr 2023 01:21:05 +0000
Tesla has juggled its prices once again, lowering the price of the Model 3 RWD by $1,000 and the Model Y by $2,000. It has also added a RWD version of the Model Y for North America.
Credit to Author: Guest Contributor| Date: Thu, 30 Mar 2023 11:03:59 +0000
Some analysts claimed that Elon Musk and Tesla’s sweeping price reductions were a sign of weak demand. However, new data approaching the end of the first quarter shows how the move has boosted the automaker’s market share in a few key markets around the world. Recent data from the European Union show that Tesla’s registrations […]
Credit to Author: Guest Contributor| Date: Tue, 07 Feb 2023 16:59:20 +0000
Electric vehicles are becoming more popular with consumers, but even Tesla’s lineup took several years to become profitable. With the automaker’s most recent round of price cuts, EV startups that are struggling to make money may be put in tough positions, some of the industry’s analysts say. Tesla’s price cuts have effectively waged a “price […]
Credit to Author: Steve Hanley| Date: Fri, 13 Jan 2023 20:01:20 +0000
Recently, we wrote about how the Tesla sales model gives it the flexibility to adjust prices of its vehicles to adapt to changing demands in the marketplace more easily than traditional automakers, who tend to set sticker prices once a year and stay with them until the next year’s models are introduced. Over the past […]
Credit to Author: Steve Hanley| Date: Wed, 04 Jan 2023 22:46:45 +0000
An analysis by Bloomberg finds that Tesla vehicles typically sell for close to the average sale price of all cars in a market segment.
Credit to Author: Carolyn Fortuna| Date: Sun, 17 Jul 2022 01:22:04 +0000
Consumer concerns about inflation — including higher gas and vehicle prices — likely played a role in the recent EV sales decline. But the biggest factor is the impact of raw materials’ shortages and costs.
Credit to Author: Guest Contributor| Date: Sun, 03 Jul 2022 06:17:44 +0000
As inflationary pressure has hit raw materials over the past few months, the auto industry has struggled to keep investors and consumers both happy. Electric vehicle maker Tesla hasn’t been immune to the effects of inflation either, and how it’s faring against other automakers is still yet to be determined. The U.S. consumer price index for […]