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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. It also cut the price of its Model Y Performance by €5,000 to €55,990, an 8% discount.

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Higher Tesla Model 3 prices bumped up EV prices overall in March

Baua Electric

Photo: Arin Waichulis After Tesla’s price cuts pulled a quarter of overall EV prices down in February, higher Model 3 prices increased EV prices in March. EV prices in March were lower year-over-year by 9.7%, but not as low as February, which saw a 10.5% year-over-year price drop. month-over-month.

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Tesla’s Elon Musk expected to become the world’s richest person again

Teslarati

Tesla CEO Elon Musk appears to be well on his way toward recapturing the title of the world’s wealthiest person by net worth. It was also the steep 65% drop in Tesla stock last year that brought Elon Musk’s net worth down. Elon Musk’s net worth has surged $45 billion this year.

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Elon Musk loses crown as Forbes’ Richest Person

Teslarati

Elon Musk has officially lost his position as the richest person in the world. billion today, forcing him to relinquish his spot as the wealthiest person in the world. Musk’s net worth has mostly dropped due to a significant slide in Tesla’s stock price, which has been demolished over the past year.

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Elon Musk net worth falls further behind world’s new richest person

Teslarati

Earlier this month, Elon Musk lost his title as the world’s wealthiest person by net worth. But amidst the continued decline of Tesla stock, the gap between Musk and Bernard Arnault, the chairman of LVMH Moet Hennessy Louis Vuitton, has only gotten more prominent. billion, Tesla’s shares were trading at $340.79.

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Led by Tesla, US EV prices dropped by 13% year-over-year in February

Baua Electric

EV prices dropped by nearly 13% year-over-year in February, led in part by Tesla Model 3 and Model Y price drops, reports Kelley Blue Book. EV transaction prices in February were lower year-over-year by 12.8%, an accelerating decline compared to January, when prices were lower year-over-year by 11.6%.

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Tesla now S&P 500’s worst performing stock YTD, Musk becomes world’s third-richest

Teslarati

Tesla stock ( NASDAQ:TSLA ) has seen some pressure this 2024, with the electric vehicle maker seeing a 4.54% drop on Wednesday. It has also resulted in CEO Elon Musk, whose net worth is closely tied to Tesla stock, becoming the world’s third-richest person by net worth. Tesla’s 4.5% billion to $191.8

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