Page 41 - Modely Performance News Today

Tesla’s U.S. and Canadian prospective customers can now rejoice – the manufacturer’s cars are back to 2021 price levels. The company ap...

Tesla has triggered "ill-feeling" among customers and cranked-up pressure on residual values with the decision to slash its elelctric vehicle (EV) prices across the US and Europe.

Wedbush analyst Dan Ives argues that lowering prices was the correct strategic move as demand may be waning and competition is heating up.

The sharp price cuts sent Tesla shares down nearly 4% in midday trading Friday.

With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest

The new discounts in the US and Europe come a week after similar reductions were announced for China and other Asian markets as Tesla tries to spur demand.

Tesla observers see the massive price cut in the United States and Canada as a very positive move by Tesla. This move is expected to immediately increase Tesla sales. These massive price cuts should also put Tesla way ahead of its competition. Tesla is going to put a lot of pressure on the competition. Tesla can afford to make smaller margins for a long time. However, Tesla’s price cuts will greatly pressure GM and other EV makers in the US: particularly GM and VW. Ford is somewhat safe until ...

Price cut comes as Tesla faces new competition and questions over Musk's Twitter role

With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Friday on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.The compan

With its sales slowing and its stock price tumbling, Tesla Inc. slashed prices dramatically Friday on several versions of its electric vehicles, making som..