Tesla Slashes Model Y Price to $46,990!

The cheapest version of the Model Y SUV from Tesla Inc. now costs less than the average new vehicle price in the US, which Elon Musk achieved in a remarkable fashion. The base Model Y is priced at $46,990, which is $759 lower than the average cost of a car or truck in the US. The gap between these amounts has widened by more than $20,000 since mid-2022.

TESLA MODEL Y BASE

No other carmaker has made such a significant cut to a high-volume vehicle in modern automobile history. The Model Y was the top-selling EV in the US last year and one of the most popular SUVs of any type.

Despite Musk denying that Tesla is starting a price war, his peers believe otherwise. Jim Farley, CEO of Ford Motor Co., whose Mustang Mach-E SUV lost a significant market share to the Model Y in the last quarter, even with some discounts, recently stated that price battles are erupting everywhere.

In fact, Tesla has been reducing prices outside the US as well. French automaker Renault SA described Tesla’s reductions as a challenge and is currently examining its pricing strategy in response. In China, automakers have followed Tesla’s lead in providing substantial discounts, with at least one analyst warning that some firms may not survive the ensuing price war.

SELL YOUR TESLA. GET A CASH OFFER FOR YOUR TESLA — https://onlyusedtesla.com/

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

kytphine
2023-04-30
kytphine
thanks
boonk
2023-04-30
boonk
mmm
Irene104
2023-04-27
Irene104
Ok
ONG ONG
2023-04-27
ONG ONG
k
MoonJin
2023-04-27
MoonJin
ok
wmwwmw
2023-04-27
wmwwmw
ok

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French automaker Renault SA described Tesla’s reductions as a challenge and is currently examining its pricing strategy in response. In China, automakers have followed Tesla’s lead in providing substantial discounts, with at least one analyst warning that some firms may not survive the ensuing price&nbsp;war.</p>\n<p>SELL YOUR TESLA. GET A CASH OFFER FOR YOUR TESLA — <a href=\"https://onlyusedtesla.com/\">https://onlyusedtesla.com/</a></p></body></html>","htmlText":"<html><head></head><body><p>The cheapest version of the Model Y SUV from Tesla Inc. now costs less than the average new vehicle price in the US, which Elon Musk achieved in a remarkable fashion. The base Model Y is priced at $46,990, which is $759 lower than the average cost of a car or truck in the US. The gap between these amounts has widened by more than $20,000 since mid-2022.</p>\n<p class=\"t-img-caption\"><img src=\"https://static.tigerbbs.com/795838661f9a55926e81f36b8984f413\"><span></span></p>TESLA MODEL Y&nbsp;BASE\n<p>No other carmaker has made such a significant cut to a high-volume vehicle in modern automobile history. The Model Y was the top-selling EV in the US last year and one of the most popular SUVs of any&nbsp;type.</p>\n<p>Despite Musk denying that Tesla is starting a price war, his peers believe otherwise. Jim Farley, CEO of Ford Motor Co., whose Mustang Mach-E SUV lost a significant market share to the Model Y in the last quarter, even with some discounts, recently stated that price battles are erupting everywhere.</p>\n<p>In fact, Tesla has been reducing prices outside the US as well. French automaker Renault SA described Tesla’s reductions as a challenge and is currently examining its pricing strategy in response. In China, automakers have followed Tesla’s lead in providing substantial discounts, with at least one analyst warning that some firms may not survive the ensuing price&nbsp;war.</p>\n<p>SELL YOUR TESLA. GET A CASH OFFER FOR YOUR TESLA — <a href=\"https://onlyusedtesla.com/\">https://onlyusedtesla.com/</a></p></body></html>","text":"The cheapest version of the Model Y SUV from Tesla Inc. now costs less than the average new vehicle price in the US, which Elon Musk achieved in a remarkable fashion. The base Model Y is priced at $46,990, which is $759 lower than the average cost of a car or truck in the US. The gap between these amounts has widened by more than $20,000 since mid-2022. TESLA MODEL Y BASE No other carmaker has made such a significant cut to a high-volume vehicle in modern automobile history. The Model Y was the top-selling EV in the US last year and one of the most popular SUVs of any type. Despite Musk denying that Tesla is starting a price war, his peers believe otherwise. Jim Farley, CEO of Ford Motor Co., whose Mustang Mach-E SUV lost a significant market share to the Model Y in the last quarter, even with some discounts, recently stated that price battles are erupting everywhere. In fact, Tesla has been reducing prices outside the US as well. French automaker Renault SA described Tesla’s reductions as a challenge and is currently examining its pricing strategy in response. In China, automakers have followed Tesla’s lead in providing substantial discounts, with at least one analyst warning that some firms may not survive the ensuing price war. SELL YOUR TESLA. 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