Tesla Makes EVs More Accessible to Average Consumers with Price Cuts

Tesla, the electric vehicle manufacturer, has made waves in the global financial community by lowering the prices of its cars, making them more affordable to average consumers. The company has slashed its prices six times in just three months, breaking from its image of catering exclusively to urban consumers and those with large purchasing power. The base price of a Tesla car now stands below $40,000, with the Model 3 rear-wheel drive priced at $39,990 and the Model Y SUV available for $39,490 in the US after the $7,500 federal tax credit. Elon Musk, Tesla’s CEO, defended this new pricing strategy, stating that it aimed to make Tesla’s cars accessible to as many people as possible. However, investors expressed concerns over the potential shrinkage of Tesla’s profit margins. Despite this, Musk reiterated the need to make the company’s cars affordable, citing the challenges that consumers face in obtaining car loans due to rising interest rates and banks’ reluctance to extend credit.

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  • zinglee
    ·2023-05-04

    Feds paying Tesla to open up charging network to competitors.$$$, Tesla EV profit margins surpass Ford EV loss. Still prefer Tesla over all other EV’s, like hybrids over EV’s…

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  • pixiezz
    ·2023-05-04

    所有电动汽车公司都在为tsla降价而哭泣....就像aapl-msft所做的那样,E.M.想要也需要击败竞争对手....

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  • wigglyz
    ·2023-05-04

    纳斯达克期货略绿。只要我们对埃隆有信心,一切都会变得精彩!

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  • bubblyx
    ·2023-05-04

    For next 2-8 months. Upper end of this stock is 165-170. Lower end is 40-50

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  • vippy
    ·2023-05-04

    All the ford investors switching over. Tesla green, in a red market!

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  • cheerzy
    ·2023-05-04

    基于最新技术,TSLA可以将生产成本降低50%。

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  • 亞昆
    ·2023-05-02
    好的
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  • Rainy_Diary
    ·2023-05-02
    Up
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  • BK77
    ·2023-05-02
    ok
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  • wesleychoo77
    ·2023-05-02
    Reply
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  • FemaleBuffet
    ·2023-05-02
    [Like] [Like]
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  • Paulyang
    ·2023-05-02
    赞一个
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  • Cathy Live
    ·2023-05-02
    写得好
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  • Cathy Live
    ·2023-05-02
    Tks
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  • Halo.
    ·2023-05-02
    K
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  • Gunawanh
    ·2023-05-02
    ok
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