Tesla’s Price Cuts Are Roiling the Car Market

  • 📰 WSJ
  • ⏱ Reading Time:
  • 20 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

Tesla's recent price cuts in the U.S. are reverberating throughout the car business

in the U.S. are reverberating through the car business, pressuring rivals and affecting purchase decisions for new- and used-car buyers.

The Elon Musk-led car maker’s most recent cut—slashing as much as 20% from the price of some versions of its top-selling Model Y earlier this month—shocked Stanly Tran. The 32-year-old California psychotherapist had been on the waiting list for a Ford Mustang Mach-E electric SUV, but quickly ditched his reservation and purchased a Model Y after a friend alerted him to the price drop.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I’m waiting to see prices fall before I buy.

Great News!

👍I like the competition. Let the smartest win the market. 👋

Tesla covered here with more nuance than WSJ hit pieces du jour. Softening the TSLA-TWTR-Musk clickbait tirades?

Since time I tought they knew that price war almost killed them.... I guess the new doesn't know it 🤷

Cars have gotten way too expensive. Even MSRP’s are too high. I’m out of the market holding my cash waiting for the right price.

I would consider a Tesla 3 or Y right now if: - there was a display in front of the driver -it had Android/iphone mirroring -it has a sunshade for the glass roof -the seats had a ventilation option -the common functions were on buttons/knobs -it had 'one step' door handles

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in CA

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tech industry job cuts come rapidly and in big numbersIn just the past month there have been about 50,000 job cuts across the technology sector.
Source: wjxt4 - 🏆 246. / 63 Read more »