Tesla Drops Model Y Starting Price Below the Average US Vehicle

22
3
Favorite

Tesla Drops Model Y Starting Price Below the Average US Vehicle

Bloomberg2023-04-25

Tesla Inc. is now charging less for the cheapest version of the Model Y SUV than what the typical new vehicle sells for in the US, a threshold Elon Musk crossed in blazing fashion.At $46,990, the base...

Source Link

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.

Report

Comment（3）

MIe
·2023-04-26
Tesla strategy to outbeat
Reply
1
Report
Imwinfred
·2023-04-25
Time for the other companies to exit hehe
Reply
4
Report
Vincentan59
·2023-04-25
All EV car will suffer with his car price cut . Is a games now 🧐🧐🧐🧐
Reply
4
Report

Most Discussed

7x24

All

Terms and Conditions·Privacy Policy

Company: TTMF Limited. Tech supported by Xiangshang Yixin.

Email：uservice@ttm.financial

{"i18n":{"language":"en_US"},"data":{"share":"https://ttm.financial/m/news/1120821595?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2023-04-25 22:05","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1120821595","market":"us","top_or_hot":-1,"title":"Tesla Drops Model Y Starting Price Below the Average US Vehicle","media":"Bloomberg","content":"<div>\n<p>Tesla Inc. is now charging less for the cheapest version of the Model Y SUV than what the typical new vehicle sells for in the US, a threshold Elon Musk crossed in blazing fashion.At $46,990, the base...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-04-25/tesla-drops-model-y-starting-price-below-the-average-us-vehicle?srnd=premium\">Source Link</a>\n\n</div>\n","source":"lsy1584095487587","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Tesla Drops Model Y Starting Price Below the Average US Vehicle</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nTesla Drops Model Y Starting Price Below the Average US Vehicle\n</h2>\n\n<h4 class=\"meta\">\n\n\n2023-04-25 22:05 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://www.bloomberg.com/news/articles/2023-04-25/tesla-drops-model-y-starting-price-below-the-average-us-vehicle?srnd=premium><strong>Bloomberg</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Tesla Inc. is now charging less for the cheapest version of the Model Y SUV than what the typical new vehicle sells for in the US, a threshold Elon Musk crossed in blazing fashion.At $46,990, the base...</p>\n\n<a href=\"https://www.bloomberg.com/news/articles/2023-04-25/tesla-drops-model-y-starting-price-below-the-average-us-vehicle?srnd=premium\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://www.bloomberg.com/news/articles/2023-04-25/tesla-drops-model-y-starting-price-below-the-average-us-vehicle?srnd=premium","article_id":"1120821595","we_media_id":null,"thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1120821595","pubTimestamp":1682431547,"sourceInfo":{"source_id":"lsy1584095487587","name":"Bloomberg"},"weMediaInfo":null,"summary":"Tesla Inc. is now charging less for the cheapest version of the Model Y SUV than what the typical ne","collect":0,"end_time":0,"defaultTopTitle":"bloomberg.com","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"特斯拉将Y型车的起价降至美国汽车的平均水平以下","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"TSLA":0.9},"content_text":"Tesla Inc. is now charging less for the cheapest version of the Model Y SUV than what the typical new vehicle sells for in the US, a threshold Elon Musk crossed in blazing fashion.At $46,990, the base Model Y now costs $759 less than the average amount paid for a car or truck in the US. The differential between these figures has changed by more than $20,000 since the middle of last year.Note: Differential shows the price of each Tesla base model minus the average transaction price for a new vehicle in the US for the prior month.No carmaker has made such a dramatic a reduction to a high-volume vehicle in the modern age of the automobile. The Model Y was the best-selling EV in the US last year, and one of the top SUVs of any type.While Musk has denied that Tesla is starting a price war, his peers see it differently. Ford Motor Co. Chief Executive Officer Jim Farley, whose Mustang Mach-E SUV lost considerable share to the Model Y last quarter — despite some discounting — said last week that price battles are “breaking out everywhere.”Indeed, Tesla has been slashing prices beyond America’s borders. French carmaker Renault SA last week called Tesla’s cuts a challenge and said it was examining its pricing strategy in response. In China, automakers have followed Tesla with steep discounts, and at least one analyst has warned some companies might not survive the price war.Morgan Stanley analyst Adam Jonas said last week that Musk’s US cuts are so aggressive, they may lead some automakers to slow down their breakneck pace of investment in electric vehicles and rather than compete with Tesla on price in uncertain economy. “We are questioning whether this is the ‘moment’ where the boards of the legacy OEMs can reconsider dialing back the magnitude and timing of their EV capex and R&D plans,” Jonas said.","kind":null,"is_publish_news":true,"is_publish_highlight":true,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[{"id":9947919174,"gmtCreate":1682440199498,"gmtModify":1682440203419,"author":{"id":"3577182936341023","authorId":"3577182936341023","name":"MIe","avatar":"https://static.laohu8.com/default-avatar.jpg","vip":1,"hat":"https://static.tigerbbs.com/f84d87792f02cf78e80ee34979fd31e5","crmLevel":6,"crmLevelSwitch":0,"idStr":"3577182936341023","authorIdStr":"3577182936341023"},"htmlText":"Tesla strategy to outbeat&nbsp;","listText":"Tesla strategy to outbeat&nbsp;","text":"Tesla strategy to outbeat","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":1,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947919174","repostId":1120821595,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9947933325,"gmtCreate":1682433170467,"gmtModify":1682433174610,"author":{"id":"3575870434417241","authorId":"3575870434417241","name":"Imwinfred","avatar":"https://community-static.tradeup.com/news/7ac0cbeaabdae92eeaca1e8c7feafadb","vip":1,"crmLevel":1,"crmLevelSwitch":0,"idStr":"3575870434417241","authorIdStr":"3575870434417241"},"htmlText":"Time for the other companies to exit hehe","listText":"Time for the other companies to exit hehe","text":"Time for the other companies to exit hehe","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947933325","repostId":1120821595,"repostType":2,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"},{"id":9947930410,"gmtCreate":1682432695031,"gmtModify":1682432699203,"author":{"id":"4098866635611070","authorId":"4098866635611070","name":"Vincentan59","avatar":"https://community-static.tradeup.com/news/a5c91735e742c607283b7643b505c8e4","vip":1,"hat":"https://static.tigerbbs.com/ae1f49570794979e009a5efdeb6f4789","crmLevel":2,"crmLevelSwitch":1,"idStr":"4098866635611070","authorIdStr":"4098866635611070"},"htmlText":"All EV&nbsp;car will suffer with his car price cut . Is a games now 🧐🧐🧐🧐","listText":"All EV&nbsp;car will suffer with his car price cut . Is a games now 🧐🧐🧐🧐","text":"All EV car will suffer with his car price cut . Is a games now 🧐🧐🧐🧐","images":[],"top":1,"highlighted":1,"essential":1,"paper":1,"likeSize":4,"commentSize":0,"repostSize":0,"link":"https://ttm.financial/post/9947930410","repostId":1120821595,"repostType":4,"isVote":1,"likeStatus":false,"favoriteStatus":false,"reportStatus":false,"tweetType":1,"langContent":"EN"}],"hasMoreComments":true,"newsSizeData":{"likeSize":22,"commentSize":3,"repostSize":1,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false}}