As the third quarter wraps up, Tesla has been stepping up its sales game. The company also introduced0% interest rates for new Model Y & Model 3 unitsin Sweden. If you have any tips, contact me at maria@teslarati.com or via X @Writer_01001101....
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The Tesla Model Y has an unassailable lead over everything else, almost matching the volume of the next 4 BEV models combined. Note that – while the Model Y is at marginally better volume year-to-date compared to 2023 – the main YoY change is thatthe Volkswagen ID.4 is only at about...
NEWS: Tesla is offering 0% interest rates in the UK. "Making Model 3 and Model Y more accessible"pic.twitter.com/eUU09jJinZ — Sawyer Merritt (@SawyerMerritt)July 9, 2024 Tesla community members have shared an image on social media featuring an email from the electric vehicle maker promot...
High interest rates in the U.S., a byproduct of the Federal Reserve's fight against inflation, have also made it more expensive forAmerican car buyers— a dynamic Tesla has sought to counteract with temporary discounts to entice customers and now U.S. price cuts. ...
"The short-term variances in gross margin and profitability really are minor relative to the long-term picture. Autonomy will make all of these numbers look silly," said Musk. The executive said his company will have to keep cutting the prices of its vehicles if interest rates continue to ...
All that is good news for buyers who are battling high interest rates, but bad news for investors who see the lower prices equating to lower profits for the company. Overall, Tesla’s stock is down 40% so far this year, due in large part to concerns over the company’s slumping sales...
Musk said he expected 12 months of "stormy weather" in the economy. He cautioned that, "Every time that the Fed raises interest rates, that's the equivalent to an increase in the price of a car." He also said, whenever there's uncertainty in the economy, people will generally postpone...
In Q2, we achieved record quarterly revenues despite a difficult operating environment...We also saw a sequential rebound in vehicle deliveries in Q2 as overall consumer sentiment improved and we launched attractive financing options to offset the impact of sustained high interest rates. Global EV ...
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