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Tesla owners are angry about buying their vehicles right before the latest big price cuts—and are letting Elon Musk know: ‘I feel completely duped’ Steve Mollman September 2, 2023 at 5:03 PM
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 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 has slashed prices on its electric vehicles in the United States and Europe by as much as ... Home & Garden. Medicare. News. Shopping. Main Menu. ... customers buying the Model 3 for 44,990 ...
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 ...
Meanwhile, the overall used car market is stabilizing according to iSeeCars.com, with overall prices down 3.6% year over year in June, following price drops of 2.9% in May and 3.6 % in April.
Owners of Tesla electric vehicles (EVs) looking to sell might be experiencing frustration as prices as the resale value dips. Some used Tesla models have even seen 25% price drops year-over-year.
Elon Musk’s Tesla has seen a meteoric rise in its stock price since its initial public offering (IPO) in June 2010. At the time, Tesla stock was valued at a mere $17 per share, according to the ...