Tesla cut prices in North America & China

[KenYoung1]

Not sure if this is the right place to post this.

Tesla to cut prices for some models in North America, China

U.S. electric vehicle maker Tesla Inc said on Wednesday it will cut prices in North America, as the firm ramps up car production in its Fremont, California, factory after the easing of coronavirus lockdowns.

Tesla China said in a Weibo post that it will also cut prices for imported electric Model S sedans and Model X sport utility vehicles in China, while keep prices of locally-made Model 3 sedans unchanged.

 

[eevee-fan]

Cut price by $1K for the car as FSD price goes up by $1K?

 

[MY-Y]

Looks like the M3 dropped $2k ($6k cheaper than the MY now.)

 

[MY-Y]

In addition to the $2k M3 drop, it looks like the S and X dropped $5k. Sure wish the MY would drop before I pick it up in a couple of weeks.

 

[Jeff Davlt]

This is going to make choosing between new and used even harder. I wonder if used prices will drop a bit now too.

 

[jf64k]

Looks like MY LR dropped $1,300

 

[MY-Y]

Looks like MY LR dropped $1,300

It doesn't look like it dropped to me. How are you coming up with that drop?

 

[Picasso]

Tesla didnt drop the used prices yet.....

 

[Undisclosed]

Looks like MY LR dropped $1,300

Don't see that, looks like S 3 X have dropped prices.

 

[Merlot]

Interesting, In doing a price comparison a Y PUP is $10 cheaper now than my existing order. Going for a test drive tomorrow in a Y and will most likely be making a color change and add tow hitch option.

 

[anon125110]

MY LR still showing $52,990 for me. But I do see M3 LR price drop.

$6000 gap between the two now.

 

[chrisgrogan2]

Looks like free super charging is gone on the S and X.

 

[Zythryn]

Looks like free super charging is gone on the S and X.

Thank god! Hopefully it stays gone this time.

 

[interfx]

So....

For those of you who have ordered a model Y, my order price I believe is now higher than what is shown on the new Model Y pricing... Will Tesla lower the price of what I have ordered?

 

[Croathlete]

So....

For those of you who have ordered a model Y, my order price I believe is now higher than what is shown on the new Model Y pricing... Will Tesla lower the price of what I have ordered?

There is no new Model Y pricing. Only S, X, and 3 prices have changed. Model Y prices have only gone up since the March 2019 reveal.

 

[wdolson]

Looks like free super charging is gone on the S and X.

They bring it back when sales slump. It may be gone for good, or it may come back when the bump in sales from the price drop go away.

I expected the Model Y was going to kill sales on all the other cars. It's a CUV in the sweet spot for size and while the price isn't that much cheaper than the X at this point, the Y will likely be more reliable over time. The front windshield on the X is expensive to replace and those falcon wing doors are a maintenance headache.

 

[Scooby24]

So, trade in values tank per Tesla (their trade in value drops nearly 20% for me, while CarMax, carvana and kbb instant trade and local Subaru dealer are all around the same as pre shut down), Tesla won't price match CarMax trade any longer so I'm effectively losing now 30% including sales tax credit for trade if I trade, and model Y is not included in these price cuts.

You guys. I get being excited about a vehicle and accepting a little bit of an unfair deal. But this is a straight up hosing.

We are taking the brunt of the losses for Tesla. Delay, delay, delay. The car will still be available in 6 months

 

[B5chung888]

I don't see any prices change in Canada yet.

 

[interfx]

So....

For those of you who have ordered a model Y, my order price I believe is now higher than what is shown on the new Model Y pricing... Will Tesla lower the price of what I have ordered?

Apologize, just re-did my math - and pricing is the same... Wonder when they will lower price on model Y - I'm sure based upon broader economic conditions...

 

[Croathlete]

Apologize, just re-did my math - and pricing is the same... Wonder when they will lower price on model Y - I'm sure based upon broader economic conditions...

Makes no sense to drop prices on a new model with high demand.