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Tesla Looks to Boost Model Y Sales with Threats of Nearing Price Increases

The Truth About Cars

The Tesla Model Y is a wildly popular EV on the global stage, but the automaker is still looking for ways to boost sales and keep it relevant. That has led the company to offer various promotions and discounts in the past, either through price cuts or the offer of free charging with a vehicle purchase.

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Tesla slashes prices for Australia’s best selling EV by up to $8,500

The Driven EV News

After and despite a record quarter of sales, Tesla has slashes prices while adding upgrades to Australia's best-selling EV. The post Tesla slashes prices for Australia’s best selling EV by up to $8,500 appeared first on The Driven.

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BYD sets lower sales growth & warns of looming price war

Teslarati

BYD set lower sales growth goals for 2024, warning of a looming price war and overcapacity in Mainland China’s electric vehicle (EV) sector. Tesla & CATL deemed the Power Couple to Recharge the US EV Market: Morgan Stanley The top EV manufacturer forecasts for 2024 are hopeful. million units. year-over-year.

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Examining Changes in Tesla Model 3 & Model Y Production, Pricing, & Sales Splits

CleanTechnica EVs

I recently reported on Tesla’s impressive quarterly sales trends and yet another record sales quarter. Tesla only reports combined global. continued] The post Examining Changes in Tesla Model 3 & Model Y Production, Pricing, & Sales Splits appeared first on CleanTechnica.

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Ford takes second in US EV market after sales climb 86% as lower prices take effect

Electrek

Ford is starting 2024 off strong with EV sales up 86% through the first three months. The growth was enough for Ford to place second in the US EV market behind only Tesla. Ford’s sales surge comes after slashing prices earlier this year.

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Kelley Blue Book finds average EV price in US down 5.4% in January due to Tesla price cuts

Green Car Congress

The average transaction price (ATP) of a new vehicle in the US declined slightly in January 2023 to $49,388, a decrease of 0.6% ($310) from December’s record high and up 5.9% ($2,768) from levels one year earlier. The average price paid for a new EV decreased in January by $3,363 (down 5.4%) compared to December. year over year.

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Tesla price cuts in China drop competitor sales by as much as 60%

Teslarati

Tesla’s price cuts in China dropped sales of competing domestic electric vehicle makers Nio, Li Auto, and Xpeng by as much as 60 percent in January. percent sales decrease compared to December but a massive 59.6 Tesla used the same price-cut strategy in the United States in January to start 2023 off at a rapid pace.

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