[ad_1]
© Reuters. Tesla (TSLA) affords $1K February low cost on choose Mannequin Y’s, seeks “steady manufacturing for effectivity”
Tesla (NASDAQ:) introduced a $1,000 low cost on choose Mannequin Y variants bought in February 2024, because it pursues “steady manufacturing for effectivity.”
The corporate’s web site is now displaying a “Pricing Replace”, asserting “New Mannequin Y RWD and Lengthy Vary AWD costs decreased for deliveries now by way of February 29. Costs will enhance by $1,000 or extra on March 1.”
Tesla’s X (previously Twitter) web page additionally made a put up selling the newest value cuts.
Commenting below the corporate’s announcement, TSLA’s head Elon Musk added that the present low cost seeks to handle “the important quandary of producing: factories want steady manufacturing for effectivity, however client demand is seasonal.”
The brand new pricing brings the bottom Actual Wheel Drive Mannequin Y right down to $42,990, and the All Wheel Drive Mannequin Y to $47,990.
The transfer additionally indicators resumption of the ‘EV pricing battle,’ that pressured Tesla and its greatest opponents to supply quite a few value cuts throughout their mannequin lineups in 2023.
Shares of Tesla closed at $193.57 on Friday, and are down 22%+ YTD.
[ad_2]
Source link
