Every dealer being aggressive on Tesla trade values just had the balls crushed, again, LOL. The flippers ain't happy either. @13COBRA I hope your dealer friend took your advice.
Sjoerd van der Wal/iStock Unreleased via Getty Images
Tesla slashes U.S. Model S and Model X prices to boost demand
Mar. 06, 2023 4:40 AM ETTesla, Inc. (TSLA)By: Khyathi Dalal, SA News Editor33 CommentsSjoerd van der Wal/iStock Unreleased via Getty Images
- Tesla (NASDAQ:TSLA) cut prices on its two most expensive EVs in U.S. after recent price cuts on other models helped demand, according to published reports citing the Tesla website.
- In mid-February, the company revised prices for one version of each of its Model 3 sedan and Model Y crossover in the U.S.
- The latest price cuts ranged from 4% on the performance version of the Model S to 9% on the more expensive Model X.
- Musk has said that with prices going down in recent months (since January) the company has seen a boost in demand.
- Since January the stock price has gained ~83%.
- The Model S and Model X, which come in base all-wheel drive and performance "Plaid" editions, represented ~4% of Tesla's global deliveries in 2022; its two cheaper models, the Model 3 sedan and Model Y crossover, made up the rest.