Tesla Price Cuts Due In Part To 'Partial Normalisation Of Cost Inflation' via insideevs.com
in the recent past only to learn that it's now $13,000 less expensive, or over $20,000 if you factor in the revamped US federal tax credit. That's what's about to happen, and a similar situation in China is causing protests.
Tesla nearly hit its production record for 2022, but was unable to deliver all the cars, likely due to waning demand and people waiting for word on the new tax credit in the US. While it seems discounts and incentives helped, it wasn't enough. It's hard to even consider the fact that the best-selling EV in the US, and one of the best-selling cars in the world – the Tesla Model Y SUV – can now be had for over $20,000 less with the tax credit. And, at least for now, it seems you can take delivery rather quickly. As Tesla ramps up factories across the globe, streamlines its manufacturing processes, and further reduces costs, it may be able to become even more price-competitive.
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