Tesla dropped prices by $3-$5k on Model Y and Model 3. You can now get a base trim Model Y from inventory for $58k, or order new for around $61k.
I don't think any other EV makers have Tesla's capacity to push prices down. The pressure is on other brands to bring their prices down, and this will exert lots of downward pressure on used EV prices.
I would go as far as saying Tesla still has breathing room when it comes to pricing, and I fully expect more decreases.
I don't think any other EV makers have Tesla's capacity to push prices down. The pressure is on other brands to bring their prices down, and this will exert lots of downward pressure on used EV prices.
I would go as far as saying Tesla still has breathing room when it comes to pricing, and I fully expect more decreases.