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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.
The specifications promised in late 2019 could not be even remotely reached.. Instead of costing $70,000 in the tri-motor version, the Cyberbeast, as it is now known, costs $100,000, and for that ...
Prices for used electric vehicles are falling faster than prices in the overall used car market thanks to Tesla's price cuts earlier ... of the top five slots with the Model 3 (30.5% drop), Model ...
Tesla sold about 1.79 million cars in 2024, it said Thursday. ... Tesla sales drop, showing Elon Musk isn't immune to the EV slowdown ... which effectively lower vehicle prices by up to $7,500 ...
The price cuts come after Tesla, led by its billionaire CEO Elon Musk, reported this month that its global vehicle deliveries in the first quarter fell for the first time in nearly four years ...
Tesla has slashed prices on its electric vehicles in the United States and Europe by as much as 20%, extending a strategy of aggressive discounting after missing Wall Street estimates for 2022 ...
For the period, Tesla reported a 9% drop in its deliveries and a 9% drop in revenue. Its gross margin dipped 2 percentage points to 17.4%, while its net income nosedived by 55% to $1.1 billion.
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 ...