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Tesla price targets drop for varying reasons, but some feel like a reach

Teslarati

Tesla ( NASDAQ: TSLA ) price targets were dropped by several firms due to varying reasons, but some feel like a reach. It is no secret Tesla stock has been beaten and battered so far this year. Some of them that were spoken of were Tesla’s lack of annual guidance, no narrative on price cuts, and a general lack of strategy.

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Tesla cuts prices by $2,000 in US, Model Y back to its lowest price ever

Baua Electric

Tesla has dropped the price of the Model Y, Model S and Model X by $2,000 each in the US. Model 3 prices remain the same, as do prices of the newly-released Cybertruck. After that discount lapsed, it warned buyers ahead of time that prices would increase again by $1,000 at the end of the quarter.

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Tesla rolls out $420 incentive for customers in Shanghai

Teslarati

Tesla has started rolling out a special incentive for its customers in Shanghai. With the incentive in place, customers who are ordering and purchasing the company’s domestically produced Model 3 and Model Y are given shopping vouchers worth 3,000 yuan ($420). Don’t hesitate to contact us with news tips.

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Tesla Tequila limited edition bottle, glass set sold out lightning fast

Teslarati

Like most Elon Musk products, the Tesla Tequila limited edition set sold out lightning fast. The limited-edition Tesla Tequila set was spotted in the company’s official online shop shortly after the TSLA Q1 2020 earnings call. The Tesla Tequila bottle contains 750mL of tequila with 40% ABV. First, there’s the price.

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LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

Tesla’s ( NASDAQ:TSLA ) Q1 2024 earnings call comes on the heels of the company’s Q1 2024 Update Letter , which was released after the closing bell on Wednesday, April 23, 2024. Tesla posted total revenues of $21.3 Tesla also posted $1.2 He thanks the company and his peers in the Tesla executive team for the experience.

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Tesla goes into its pockets to sell its EVs in China

Baua Electric

Tesla is going deep into its pockets to offer discounts in order to sell its electric vehicles in China at the end of this quarter. China is Tesla’s biggest market, and its performance greatly impacts its overall financial results. Therefore, it’s important to keep a close eye on Tesla’s performance in China.

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J.D. Power study: EV consideration in US increasing, but slowly; availability of public chargers a friction point

Green Car Congress

This year’s study reveals that 26% of shoppers say they are “very likely” to consider purchasing an EV, up from 24% a year ago, while the percentage of shoppers who say they are “overall likely” to purchase an EV increases to 61% from 59% in 2022. —Stewart Stropp, executive director of EV intelligence at J.D.

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