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Tesla announces third price cut for its entire EV lineup in the US

  • April 11, 2023
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After several different price cuts in strategic markets, culminating in favorable results on the European continent, Teslaelectric vehicle company Elon Muskannounced its third cut this year alone from

After several different price cuts in strategic markets, culminating in favorable results on the European continent, Teslaelectric vehicle company Elon Muskannounced its third cut this year alone from its entire product line for customers in states United. This is an aggressive stance due to the increase in the interest rate in the US.

Tesla has announced a third cut this year alone across its entire product line for U.S. customers.

Among the cuts are discounts of up to $5,000 on the most expensive and therefore less popular cars, such as Model X . Among other models affected, Model Y there was a decrease to 2 thousand dollarswhile the more responsible option double engine: $49,990

(Loans: Tesla Model X / Disclosure)

Tesla records record deliveries in the first quarter of the year

The direction seems logical after increase 36% sales in the first quarter, which, although positive, still fell short of some analysts’ expectations. Recently, a company of space exploration enthusiasts set a quarterly delivery record, with 422,875 vehicles around the world between January This March. For comparison, for the same period last year, about 310 000 thousand units.

The company recently set a quarterly delivery record of 422,875 vehicles worldwide between January and March.

Given the massive investment Musk in large factories around the world, an increase will be necessary to ensure that the sites continue to operate at full capacity while still maintaining inventory for future expansions. New factories have recently been built in Shanghaias well as another in Austinus US.

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