Tesla has increased prices on its Model Y all-electric crossover and cut prices on the Model 3 sedan. Tesla’s Model Y Long Range increased $1,500 from $53,490 to $54,990 last night, while Model Y Performance trims went up $1,000 from $56,990 to $57,990. Model 3 Rear-Wheel-Drive vehicles also felt a slight cut by just $500, […]
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Tesla has always had a rebellious streak. It doesn’t follow the dealership model, its cars are sold with most options already built in, and its CEO does not lead the company like a traditional chief executive. It is then noteworthy when Tesla — despite its tendency to behave like a rebel — adopts practices that […]
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The greatest barrier to EV adoption is the steep price premium relative to legacy vehicles—and for the past couple of years, prices have been moving in the wrong direction, thanks to supply-chain constraints and general post-COVID inflation. When Tesla recently announced price cuts of up to 20 percent, the boo-birds crowed about softening demand, but… Read more »
Tesla’s price cuts in China dropped sales of competing domestic electric vehicle makers Nio, Li Auto, and Xpeng by as much as 60 percent in January. Nio, Li Auto, and Xpeng all showed significant drops in both monthly and year-over-year sales comparisons in January after Tesla stroked demand by dropping prices by as much as […]
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Great aerodynamics help, but you’ll want the smaller wheels for max range.
Tesla is continuing to progress on the installation of new Model 3 production lines at the Fremont Factory, which is being revamped for Project Highland. Project Highland is a codename for Tesla’s planned revamp of the Model 3 mass-market sedan, which is reportedly receiving new infotainment upgrades, interior simplifications, and a reduction of components. Tesla […]
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Unplugged Performance has turned its crashed Tesla Model 3 into the most aerodynamically aggressive Tesla ever created. Watching the Unplugged Performance Tesla Model 3 crash at the Pikes Peak hill climb was devastating. Not only because of the potential for injury to the driver, but also for all of the lost progress on what had […]
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The Tesla Model 3 RWD is the company’s most affordable vehicle today, starting at just $43,990 before incentives in the United States following the substantial price cuts implemented earlier this month. A look at Tesla’s order page for the vehicle shows that Model 3 RWD can be leased for a very reasonable $399 per month. […]
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The Tesla Model 3 and Model Y officially qualify for the maximum subsidy across each trim level, qualifying the vehicles for up to €6,750 in discounts. Tesla vehicles had previously qualified for a reduced subsidy, but then its price increases essentially disqualified the vehicles from receiving any of the discounts, to begin with. However, Tesla […]
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Tesla interest skyrocketed on Edmunds following the automaker’s decision to cut prices. In early January, Tesla cut prices across its vehicle lineup by as much as $13,000 in a move that has evidently skyrocketed consumer interest. With electric vehicles scaling back costs by over 5 percent last month on average, Tesla’s move to cut its […]
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