Tesla Plans Affordable Model Q Launch with Competitive Pricing

GuruFocus12-09

Tesla revealed plans to introduce a new model, "Model Q," in the first half of next year, with a post-subsidy price below $30,000. In 2025, Tesla aims to expand its market by launching additional ...

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Comments

  • a4xrbj1
    12-09
    a4xrbj1
    There will be no subsidy under Trump, so the price will be $37,500 or slightly less. In the meantime, Renault, Citroen and several other companies are launching small and affordable EVs at EUR 25,000 without subsidy. Renault 5 is already a huge success in its first month of sale in France. Ford Puma, the most sold car in the UK is now available as a EV as well. Not even talking about all the Chinese models that will give any Tesla a hard day price wise. Like in Ocotover, Tesla sales in China have been 5% down vs YTD, despite the biggest discounts and price reductions ever given by Tesla. Tesla won't be able to compete and their margins will give in with all those discounts offered to desperately sell in Q4. No one even wants their Cybertruck despite a $20k price reduction, that's why they
  • OrangeMan
    12-09
    OrangeMan
    Share your opinion about this news…
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