On Monday, Tesla ($TSLA) adjusted the prices of its Model Y vehicles across different markets. In the United States, the company increased the price of all Model Y variants by $1,000, setting the starting price of the base variant at $44,990, according to sources including OpenBB Terminal Pro. The long-range and performance variants are now priced at $49,990 and $53,490, respectively. This move is part of Tesla's pricing strategy adjustments, which previously saw the company reducing prices in 2023 to manage inventory levels and boost sales, albeit at the expense of profit margins. In China, Tesla raised the Model Y's price by 5,000 yuan across all variants, with the Standard Range's price now at 263,900 yuan, the Long Range at 304,900 yuan, and the Performance variant at 368,900 yuan, as reported by SMM. This price hike comes just before the Q1 deliveries, with analysts suggesting it could impact revenues in Q2. Additionally, Tesla is offering significant discounts on Model Y inventory in the U.S., with reductions as much as $7,000, and including incentives like the $7,500 Fed EV point of sale credit and 3 free months of FSD, in an effort to reduce record-high vehicle inventory following a period where production exceeded deliveries.
Tesla slashes Model Y inventory prices by as much as $7,000 $TSLA https://t.co/CaI6jIHAik
You can get a used Tesla with FSD for just $31,000 https://t.co/qtciPVNF3m https://t.co/Ssr8UipTp0
$TSLA | Tesla Offering $7K Discount On Model Y? Investor Says 'Nothing Has Recently Changed' Tesla slashes Model Y prices to reduce record-high vehicle inventory. Price cuts follow Tesla's production exceeding deliveries, stock declines for four sessions. https://t.co/3s8E5CRvod
Tesla is offering steep discounts on its Model Y SUV as it tries to clear out inventory https://t.co/2YPiujtWZu
Tesla's stock skid continues after the company cuts prices on Model Y SUVs amid inventory buildup https://t.co/Xe180NOQum
Tesla slashes Model Y inventory prices by as much as $7,000: https://t.co/iNePRgpD3E by TechCrunch #infosec #cybersecurity #technology #news
Tesla slashes Model Y inventory prices by as much as $7,000 https://t.co/qqxVExjMPA
This should be Tesla’s FSD demand lever playbook. $12k FSD lifetime transfer 0% financing $99/mo FSD subscription https://t.co/Ys13Jl0m5r
Tesla is heavily discounting cars now piling up in inventory https://t.co/FqqQrfKdHS
Great opportunity to take FSD 12 to a new Tesla https://t.co/RUHrcUjBeV
Here's how inexpensively you can get a new Model Y in the U.S. right now from Tesla's inventory including the new $7,500 Fed EV point of sale credit: • Model Y RWD: $33,890 • Model Y LR: $37,490 • Model Y Performance: $40,690 You get 3 free months of FSD with referral link. https://t.co/i82xec3DEs
The company cut the prices of its Model Y vehicles by thousands of dollars in 2023 to cut back on inventory and bump up sales numbers. While sales did increase, profit margins have predictably been smaller. https://t.co/VFM0y054hA
🚗 The Model Y base variant will now cost $44,990, while the long range and performance variants are priced at $49,990 and $53,490, respectively, according to the Tesla website. https://t.co/t2VfkOUyIy
Tesla increases Model Y prices, but for how long? https://t.co/01yOnbo0tF by @fredericlambert
Tesla raises prices of Model Y cars in US by $1,000 https://t.co/UxOGUoEGHZ
Tesla $TSLA today raised prices for all Model Y cars in the United States 🇺🇸 by $1,000 according to its website
Tesla hikes the prices of their Model Y in China, just before Q1 deliveries. With China being a substantial market for them, analysts believe this price hike could hurt revenues in Q2. Source: OpenBB Terminal Pro https://t.co/hso4Ua2CVH
$TSLA Tesla (TSLA) lifts US prices of Model Y vehicles by $1,000 The adjustment brings the starting price of the Model Y base variant to $44,990, while the long-range and performance variants will now set buyers back $49,990 and $53,490, respectively. This move aligns with the…
Tesla $TSLA raises Model Y’s price by 5,000 yuan in China Source (SMM): The Model Y Standard Range's price has risen to 263,900 yuan, the Long Range to 304,900 yuan, and the Performance to 368,900 yuan, with each seeing a 5,000-yuan increase. Previously, Tesla had announced…
$TSLA ❖ Tesla lifts US prices of Model Y vehicles by $1,000 On Monday, Tesla took to its website to announce a $1,000 price hike for all its Model Y variants in the United States. The adjustment brings the starting price of the Model Y base variant to $44,990, while the…
Tesla $TSLA lifts US prices of Model Y vehicles by $1,000 https://t.co/cZ9b0qW7kV https://t.co/cjfzhP2Rkc