Tesla cuts prices of Model 3 and Model Y again | Mashable.
Tesla cuts prices of Model 3 and Model Y again
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| Tesla Model Y is selling like hotcakes, and now it's getting even cheaper. Credit: VCG / Getty Images |
Another day, another round of Tesla price cuts.
Shortly after introducing a RWD variant of the Model Y, which after federal EV tax credit is the cheapest variant of that car we've seen in the U.S., Tesla has reduced the prices of its other Model 3 and Model Y variants.
The Tesla Model 3 now starts at $38,990, down $1,250 from the previous price of $40,240. That's for the RWD version; the Long Range variant is now $45,990, down from $47,240, while the Model 3 Performance costs $50,990, down from $53,240.
The RWD Model Y hasn't changed its price; it still starts at $43,990. But the Long Range and the Performance variants have gotten cheaper. A Tesla Model Y LR will now set you back $48,490, down from $50,490, while the Model Y P costs $52,490, down from $54,490.
Both cars qualify for the federal tax credit, and potentially for state incentives as well, meaning they can be had for a lot cheaper too, depending on where you live.
It's worth noting that Tesla CEO Elon Musk originally promised the Model 3 would be a $35,000 car. There was a version that actually delivered on that promise, but it was short-lived and hard to get. Now, with the tax incentives, you can actually get the Model 3 for less than $30,000.
The price cuts aren't massive, but they're notable because Tesla has already made its cars more affordable several times this year. With this latest move, the company is likely making the competition very uncomfortable. The Model 3 and Model Y sit atop the best-selling EV car lists in the U.S., and the company recently said it delivered 419,074 Model 3 and Y vehicles in the third quarter of 2023, a 29 percent year-over-year increase.
Topics Tesla
Except most won't afford the sky high insirance premiums!
ReplyDeleteDrove a Tesla and then the BMW. BMW won hands down and I now get around in the wonderfully built i4.
ReplyDeleteGood news. And unlike pretty much every other EV producer, Tesla are actually making a good profit on each car they sell… all the others are selling at loss or at best slightly over break even.
ReplyDeletewho cares if Tesla makes a profit.
DeleteMaybe people who like technological progress. People who would like electric cars to succeed. I guess a lot of people..? 😄
Deletethat has nothing to do with the amount or level of profit. Tesla is overpriced for what you get. BMW is just as high tech but much better quality.
DeleteNope, BMW is far behind Tesla in technology, and certainly not better quality. I mean you could have said that ten years ago perhaps but not today.
DeleteAnd the point is that for the successful development and adaption of new technology, it has to be economically viable. BMW has much smaller margins than Tesla on their EV sales…
https://www.epa.gov/greenvehicles/electric-vehicle-myths?fbclid=IwAR0ePEUiBjeVqaiXQA53SacDNh_ShZPvtrebygjPLWa6Yel5lm7RqBDJM50
ReplyDeletecleaner than Dino 💩
ReplyDeletePretty funny how this will not allow me to post pictures of wind turbines wings being buried in landfills that’s real clean so let’s talk about the lithium mines and how the batteries are being disposed
ReplyDeleteGood for Tesla and the consumers, a win win !
ReplyDelete👍👍
DeleteNever
ReplyDelete😆
DeleteHello, I always enjoy what you share here on Facebook but we're not friends yet, I have tried several times to send the friend request but it's not going through. Do you mind trying from your side? I will be happy to be friends with you. If you find this message embarrassing please pardon my manners.Thanks and God bless you.
DeleteThe message is clear: DON'T BUY NOW, WAIT!
ReplyDelete👍
DeleteNever.
ReplyDelete👍😆
Deletemy Tesla beats a Lamborghini. I’ll give you 10 years before you cave. 😂
DeleteWell, there go the stock prices again.
ReplyDeletesmall margins are good for earnings?
Deletemarket share is good for earnings. There’s now a 28k model y. Can’t think of anything that competes with that.
Deleteno I'm sure shares will drop today. I'll guess min 5%, closer to 10%.
Deletepre-market it's already down near 1.5%. It's going to be bad.
DeleteTesla is the only EV producer that has great margins on the sales. Almost all other are either selling at cost or losing money on each sold car.
DeleteTesla have revolutionized their production techniques and are therefore now able to produce higher quality cars at much lower prices than the competition.
Tesla had high margins. Byd still got them like Mercedes and BMW.
DeleteIf Tesla is not first in autonomous driving it will be one more high volumen car maker with same PEs.
Or do the PV and battery sector of Tesla doing well?
good time to buy. It depends on how you look at it. 🤷🏽♀️
Deleteouch...that will certainly put more pressure on already falling profit margins.
ReplyDeleteHello, I always enjoy what you share here on Facebook but we're not friends yet, I have tried several times to send the friend request but it's not going through. Do you mind trying from your side? I will be happy to be friends with you. If you find this message embarrassing please pardon my manners.Thanks and God bless you.
DeleteGotta make up for the twitter fiasco.
ReplyDeleteHello, I always enjoy what you share here on Facebook but we're not friends yet, I have tried several times to send the friend request but it's not going through. Do you mind trying from your side? I will be happy to be friends with you. If you find this message embarrassing please pardon my manners.Thanks and God bless you.
DeleteUbiquitous in Vancouver
ReplyDeleteyes, the modern day Toyota Corolla
DeleteGet your self crashing car today!
ReplyDeleteHello, I always enjoy what you share here on Facebook but we're not friends yet, I have tried several times to send the friend request but it's not going through. Do you mind trying from your side? I will be happy to be friends with you. If you find this message embarrassing please pardon my manners.Thanks and God bless you.
DeleteMi Novia, my GF vets all of my friends here on FB I will ask her, she is working at the moment.
Delete😉😎😁
DeleteWouldn't own one if you paid me
ReplyDeletetror de sætter prisen ned fordi de ikke kan få folk til at købe lortet, som de havde regnet med,og det er jo nok fordi de kan følge med i alt du laver i bilen ,
ReplyDelete😆😂
ReplyDeleteI’ll never own one.
ReplyDeletesaid the people scared to get off the horse buggy. 😂
Deletelol
ReplyDeleteFk tesla
ReplyDeleteHello, I always enjoy what you share here on Facebook but we're not friends yet, I have tried several times to send the friend request but it's not going through. Do you mind trying from your side? I will be happy to be friends with you. If you find this message embarrassing please pardon my manners.Thanks and God bless you.
DeleteAt our apartment the chargers are always full even after they are finning residents that leave their car charging overnight.
ReplyDeleteThat’s what stopped me getting a Tesla plus I need 500 mile range.
Hello, I always enjoy what you share here on Facebook but we're not friends yet, I have tried several times to send the friend request but it's not going through. Do you mind trying from your side? I will be happy to be friends with you. If you find this message embarrassing please pardon my manners.Thanks and God bless you.
DeleteI have them towed
Deletewhich electric car did you go for?
DeleteI got a 2022 Prius as it does 60mpg and no charging issues plus 500 mile + tank range.
DeleteWe have a sports bar with 10 Tesla charging stations that are always filled.
ReplyDeleteHello, I always enjoy what you share here on Facebook but we're not friends yet, I have tried several times to send the friend request but it's not going through. Do you mind trying from your side? I will be happy to be friends with you. If you find this message embarrassing please pardon my manners.Thanks and God bless you.
DeleteGive me one for free. I want to put 1-3 year range without charging in it...
DeleteRwD aka only for south USA lol
ReplyDeleteHello, I always enjoy what you share here on Facebook but we're not friends yet, I have tried several times to send the friend request but it's not going through. Do you mind trying from your side? I will be happy to be friends with you. If you find this message embarrassing please pardon my manners.Thanks and God bless you.
DeleteWhy…sad day
ReplyDelete👍
DeleteLook at their initial quality reports.
ReplyDeleteNever
ReplyDeleteAgain.
ReplyDeleteTesla keeps cutting prices for cars….
ReplyDelete1. This will piss off the customers who just bought a car
2. It will piss off old customers as their car will loose value like crazy
3. I suspect it’s hard to sell these cars now with higher intrest rates, not only teslas but all cars that are expensive.
Affordable now?
ReplyDelete… days after the UAW forced Detroit to become even less competitive with Tesla in EVs
ReplyDeleteTesla is a declining star.
ReplyDeleteNo, just Biden and multiple other administrations don't like Elon. Still way ahead, and by far better than any other EV
DeleteImagine having car and phone low battery in the middle of nowhere 🤔 am walking away 🚶
ReplyDeletethe question is, how often do you find yourself in the middle of nowhere and still have cell reception?
Deletecell reception can reachable sometimes, climbing hills, tree's or top of your vehicle 🧐
Deleteand we die young
ReplyDeleteHydrogen cars are the future, electric vehicles will be parked in scrap metal yards worthless.
ReplyDeleteOnce I get to know Elon Musk, nothing he sells interested me anymore
ReplyDeleteJust pray that battery pack dont malfunction!
ReplyDeleteChinese competition!
ReplyDeleteCalled it
ReplyDeletePass
ReplyDeleteWhat stops me is my e-bike 🙂 looking forward to $20K model
ReplyDeleteThe inconvenience factor will kill this. Charging overnight is ridiculous.
ReplyDeleteTrue. But after a lifetime of filling up at the corner station, plugging in somewhere and waiting for hours, I’m the generation that may not ease into this so quickly. But then I’m not the generation that means that much any more. It’s difficult being that generation we used to scuff at.
DeleteAfter initial anxiety, one gets into a groove. Long trips need planning. But how many do you have per year?
DeleteI had a Leaf with 50 miles range and even that stopped bothering me after some time
Now make them not rattle like an almost empty can of peanuts.
ReplyDeletewoot cheap salvage model 3 here i come
ReplyDeleteThey are too common. Look at MG or Kia as brilliant alternative drives. Why did they stop importing Model x to U.K.??
ReplyDeleteHow much more expensive is a chevy bolt guys?
ReplyDelete