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Omaha Steve

(99,727 posts)
Fri Apr 7, 2023, 10:17 AM Apr 2023

Tesla cuts prices on all models, 3rd cut this year

Source: AP

a minute ago

DETROIT (AP) — Tesla cut prices on its entire U.S. electric vehicle model lineup for the third time this year in an apparent effort to lure more buyers amid rising interest rates.

The cuts that appeared Friday on Tesla’s website ranged from $5,000 per vehicle for Tesla’s slower-selling more expensive models, the S large sedan and the X big SUV.

The company lopped $2,000 off the price of the Y small SUV, its most popular model, and added a lower-cost dual-motor version priced at $49,990. The 3 small sedan saw a $1,000 price cut.

The moves come as Tesla’s first-quarter sales grew 36% but fell short of analysts’ expectations. The company said Sunday that it delivered a quarterly record of 422,875 vehicles worldwide from January to March, up from just over 310,000 a year ago. But the increase fell short of analyst estimates of 432,000 for the quarter, according to FactSet.



Read more: https://apnews.com/article/tesla-price-cut-electric-vehicles-6d08686ea442ea7e54dc494e07ff6961

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IronLionZion

(45,534 posts)
17. The biggest of Friday's cuts came on Tesla's aging S and X, which saw sales drop 38%
Fri Apr 7, 2023, 07:53 PM
Apr 2023

From the OP

The biggest of Friday’s cuts came on Tesla’s aging S and X, which saw sales drop 38% from January through March.


You're right that sales have increased for the 3 and Y.

kimbutgar

(21,195 posts)
7. Never would I buy one of his cars
Fri Apr 7, 2023, 11:34 AM
Apr 2023

Musk caused this himself and I bask in happiness knowing he is losing money!

kimbutgar

(21,195 posts)
16. I live in SF and there are many Tesla cars and my neighbors across the street from me has one
Fri Apr 7, 2023, 07:43 PM
Apr 2023

But passing the dealership there are more cars on that lot then ever before!

The Mouth

(3,164 posts)
8. There is not, nor will there ever be a car worth more than $20K new
Fri Apr 7, 2023, 11:36 AM
Apr 2023

So the rich folks get a bit richer, oh boy!

Hekate

(90,824 posts)
10. Read that yesterday, and oh good grief. One former employee's comment on privacy rights...
Fri Apr 7, 2023, 03:27 PM
Apr 2023

… was that we have no right to expect privacy anyway in the world as it is.

It got me thinking about why they could do what they did, i.e. manipulate images of real people and share them for their amusement.

The office appeared to be staffed with 20-somethings accustomed to meme-ing so much that I wonder if they really have any perception that actual human beings live outside the internet. That there are real people who can be hurt by their activities.

Which led me to reflect how so much of the internet world is infested with cruel behavior, like doxxing and like tormenting young kids into suicide. Somewhere, there are a lot of people who do not recognize the humanity of others.

The article I read yesterday had an incident that still haunts me: a car hits a child in a bicycle, and the child goes flying in one direction and the bike goes flying in the other. They passed that video around. WTF? But in the article, we are never told what happened next. Injury? Death? Hit-and-run? Driver ever caught? — No info.

As for Tesla cars— no, thank you. Not even as a gift.

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