Tesla cut prices in the United States between 2% and almost 6%, as reflected on its website. This is because the company extended a discount campaign for its electric vehicles that analysts warn, could affect your profitability.
It’s Tesla’s fifth such cut in the market since the start of the year. comes as the United States prepares to adopt this month stricter standards that are expected to limit tax credits for electric vehicles.
Tesla cut prices for both versions of his Model 3 sedan for $1,000 and his crossover Model Y at $2,000, as can be seen on their website. It also reduced the prices of both versions of its Model S and Model Xwhich are more expensive, in $5,000.
He $7,500 tax credit for electric vehicles Made in America, part of the President’s climate plan Joe Bidenhas been harshly criticized as protectionist by European governments and manufacturers.
The company has already lowered prices twice in China in recent months, although at the same time in recent days it has faced protests at different dealerships in the Asian giant for charging improper prices. In North America, late last year, it also reported a price cut.
In 2022, the group delivered a record 1.31 million electric vehicles, a year-on-year jump of 40%. But that was still lower than long-term goal Musk’s goal of increasing deliveries by an average of 50% a year.
Investors worry that sales slow down due to economic downturnas well as the increase in interest rates that make credit more expensive.
Observers also point to the arrival of multiple competitors in the electric vehicle marketwith major automakers now offering a lineup of models, even in the luxury segment long dominated by Tesla.
In parallel, the company is recalling just over 400 Model 3 vehicles in the United States because the fixings of the side arms of the front suspension can become loose.
Tesla will tighten or replace the side link fixings to fix the problemwhich could allow the side link to separate from the subframe on the 2018 and 2019 recall models.
Source: Ambito
