Tesla is launching a free supercharging promotion of up to 20,000km for new car purchases in some European countries. Buyers must get their vehicles delivered by the end of June. Additionally, Tesla offers a €6,000 environmental bonus for inventory Model Y in Germany, which must also be delivered by June 30 to receive the benefit. This incentive cannot overlap with other financial proposals such as 0% or 1.99% interest rates. Many Model Ys from Giga Berlin are parked at Neuhardenberg Airport in Germany, and Tesla aims to deliver these vehicles to customers through the €6,000 environmental incentive by the end of the quarter. Last quarter, Tesla sold 386,000 cars but built 433,000, resulting in a surplus of 47,000 vehicles, the largest surplus the company has reported. In Q2, Europe is the most challenging region for Tesla, with sales down significantly, especially in Germany.
In Q2, Europe is the most challenging region for Tesla. Compared to last quarter, sales are up a lot in the US and moderately in China, but Europe is down significantly. The biggest decline is expected in Germany. The table shows sales for the first two months of each quarter.… https://t.co/KGWearYBea
Last quarter Tesla sold 386K cars but built 433K which is 47K extra. This number is the largest surplus the company has reported. Amateur sleuths are now using Google Maps to find various parking lots where these Teslas are now piling up. https://t.co/FFYeVGsGe6
Tesla has been slow to refresh its ageing models as high interest rates have sapped consumer appetite for big-ticket items, while rivals in China, the world's largest auto market, are rolling out cheaper models.
$TSLA 🇩🇪 Many Model Ys from Giga Berlin are parked at Neuhardenberg Airport in Germany. Tesla will want to deliver these vehicles to customers through an environmental incentive of 6,000 euros at the end of the quarter. https://t.co/otsGVfGaoW
$TSLA 🇩🇪 NEWS: Tesla offers €6,000 environmental bonus for inventory Model Y in Germany. - Vehicle must be delivered by June 30 to receive that benefit, and it cannot overlap with other financial proposals such as 0% or 1.99% interest rates. https://t.co/nOZxFlLXN4
$TSLA Tesla is launching a free supercharging promotion of up to 20,000km for new car purchases in some European countries. Buyers must get their vehicles delivered by the end of June. https://t.co/fKBFB6ySQj