Tesla (TSLA) is trimming the costs of its Model 3 and Model Y EVs. Most versions of the Model 3 are getting a price cut of $1,250, while the long-range version of the Model Y SUV is now $2,000 cheaper. It comes after the EV maker reported third quarter deliveries that missed expectations. Yahoo Finance Live discuss the latest price cuts. For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live.
Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb
#youtube #Tesla #yahoofinance
About Yahoo Finance:
At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
Yahoo Finance Plus: With a subscription to Yahoo Finance Plus get the tools you need to invest with confidence. Discover new opportunities with expert research and investment ideas backed by technical and fundamental analysis. Optimize your trades with advanced portfolio insights, fundamental analysis, enhanced charting, and more.
To learn more about Yahoo Finance Plus please visit: https://yhoo.it/33jXYBp
Connect with Yahoo Finance:
Get the latest news: https://yhoo.it/2fGu5Bb
Find Yahoo Finance on Facebook: http://bit.ly/2A9u5Zq
Follow Yahoo Finance on Twitter: http://bit.ly/2LMgloP
Follow Yahoo Finance on Instagram: http://bit.ly/2LOpNYz
Follow Yahoo Finance Premium on Twitter: https://bit.ly/3hhcnmV
Great news for folks wanting to buy a Tesla. 2022 was a bubble year for EV prices of all brands and are now started to get down to the intended MSRP at introduction or below. Now that Tesla has production capacity they have to respond to changes in demand. A lot of buyers were holding off in part because of bad press about EVs and that has actually helped slow demand and bring prices down.
$1,200-2,000 does not really make a difference in today’s economy.
They have to go bigger than that.
@Mister Sarajevo Do you remember what the prices were in 2022? It is big
Yeah, over all it’s been a huge cut in price over all. Around $48k for model y long range dual motor. Wait until 2024 and add in the $7500 in federal aid which you can now use right away to use as a down payment. Now that $48,500 turns into $41k. That is huge
That just puts it in our price range to go test drive one.
If we where to buy a tesla i will like not having to play the horrible games most all dealerships play. No salesman to deal with. No hidden bogus charges. I hate dealing with dealerships.
Backstabbing current owners with crazy depreciation
TESLA just made a1001 IQ move.
In the Future , TESLA mill use AI , to Dictate PRICES.
LOL @ a $1,200-2000 price cut.
What a joke. That’s not enough.