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LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

Musk clarified that Tesla is now seeing a lot of competitive prices from its battery suppliers due to excess capacity. Tesla will aim to optimize its buying process for it would be possible to “buying a car in under a minute.” Delaney asked a follow-up about Tesla’s pricing.

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Elon Musk comments on Tesla’s pricing strategy following cuts

Teslarati

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . “Subscription price will go up once we release FSD.

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Tesla slashes Full Self-Driving monthly subscription price by 50%

Teslarati

Tesla has slashed the Full Self-Driving subscription price by 50 percent, bringing it down to $99 monthly from $199. The price to purchase Tesla’s Full Self-Driving suite outright has not changed. Tesla first launched Full Self-Driving subscriptions in July 2021, as a blog post from the automaker launched it for $199 a month.

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Circuit of the Americas is Offering to Buy Back Early Bird Ticket Packages to Re-Sell At a Higher Price

The Truth About Cars

Grand Prix at Circuit of the Americas (COTA) in Austin can easily cost $600 or more, and prices at other venues are just as steep. Some fans got an early-bird deal for this year’s race at COTA, paying just $299 for three-day passes, but now, track officials are offering a buy-back so they can re-sell the tickets later at a higher price.

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Hertz CEO Leaves After Buying 100,000 Teslas

The Truth About Cars

But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. This flood of product on the used car market surely didn’t help valuations of the things, though nor did Tesla itself during a round of its own price cuts.

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You Can Buy Willow Springs Raceway

The Truth About Cars

The track is listed without a price, but in reading the listing, it’s clear that the sellers intend to find a buyer who will keep the track open. Racetracks changing hands isn’t a story that always comes with a happy ending, but we’re hoping that the sale of Willow Springs Raceway in California ends positively.

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LIVE Blog: Tesla (TSLA) Q3 2021 earnings call summary

Teslarati

As for the company’s vehicle pricing strategies, the CFO noted that there seems to be a profound awakening among consumers about electric vehicles. Addressing Tesla’s price volatility, the CFO noted that all car companies do this. He asks about any possible impact from the battery material price hikes. Nine profitable quarters.

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