The price cuts, both for special orders and on existing inventory, raised questions from analysts who expect the cuts to reduce Tesla’s profit margins

Tesla’s second-quarter deliveries rose 83% from a year ago after the company cut prices several times on its four electric vehicle models and buyers took advantage of U.S. government tax credits.

  • docmox@lemmy.worldEnglish
    2·
    1 year ago

    I’d argue that the price cuts and increased production had the most significant effect. Other OEMs are jacking up prices right and left and dealers are adding $5k on top. Tesla is a simple, easy, affordable buy right now. Never thought I’d say that.

    • darganon@lemmy.worldEnglish
      2·
      1 year ago

      Price cut + tax incentives for me brought the cheapest Model 3 from $40kish to $30kish for me. Never would have thought about it at $40k