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Tesla China has reduced prices for all Model Y, S, and

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according toTeslaChina’s official website shows that the price of Model Y has dropped to 249,900 yuan, the price of Model Y long-range version has dropped to 290,900 yuan, and the price of Model Y high-performance version has dropped to 354,900 yuan. The price of the Model S has dropped to RMB 684,900, and the price of the Model S PLAID version has dropped to RMB 814,900. The price of Model X has dropped to RMB 724,900, and the price of Model X PLAID has dropped to RMB 824,900. Recently, the price of all Model Y, S, and X series in the United States has been reduced by US$2,000.The price of the refreshed version of Model 3 dropped to RMB 231,900, a decrease of 5.7%; the price of the refreshed version of Model 3 Long Range dropped to RMB 271,900, a decrease of 4.9%.

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It is worth mentioning that at the beginning of this month, against the backdrop of many domestic car brands announcing price cuts,TeslaChina announced a price increase. April 1,TeslaChina’s official website shows that the price of the Model Y rear-wheel drive version has been raised to 263,900 yuan, the price of the Model Y long-range version has been raised to 304,900 yuan, and the price of the Model Y high-performance version has been raised to 368,900 yuan, with price increases of 5,000 each. Yuan.

From the perspective of the entire automotive industry,TeslaIt has become a rare enterprise to increase prices continuously. Last year alone, from October 27 to November 21, in less than one month,TeslaThere have been four price increases for the domestic Model 3 and Model Y.

October 27,TeslaAccording to the release, the price of the domestic Model Y high-performance version has been increased by 14,000 yuan, and the adjusted price is 363,900 yuan.

On November 9, Tesla announced an increase in the price of the Model 3/Y long-range version. The price of the Model 3 long-range refreshed version increased by 1,500 yuan; the price of the Model Y long-range version increased by 2,500 yuan.

On November 14, Tesla once again announced that starting from now, the starting prices of the Model 3 and Model Y rear-wheel drive models will be increased. Among them, the price of the refreshed version of the Model 3 rear-wheel drive has been increased by 1,500 yuan, with the adjusted starting price being 261,400 yuan; the price of the Model Y rear-wheel drive version has been increased by 2,500 yuan, with the adjusted starting price being 266,400 yuan.

Starting from November 21, the price of the Model Y long-range version will be increased by 2,000 yuan to 304,400 yuan.

This also means that Tesla has raised prices five times in less than half a year.

It is worth noting that data released by Tesla showed that the company produced more than 433,000 vehicles and delivered approximately 387,000 vehicles in the first quarter of 2024, which was lower than market expectations. Among them, 369,783 Model 3/Y units were delivered, down 10% year-on-year from the estimated 426,940 units.

Robert W. Baird analyst Ben Kallo recently said that following an unexpected decline in the first quarter of 2024, Tesla’s car sales may decline again in the second quarter. Kallo wrote in the research report that Tesla may still face the problem of a high comparison base this quarter. He expects the company to deliver 444,510 vehicles in the second quarter, a 4.6% decrease from the same period last year.

Since the beginning of this year, Tesla’s stock price has fallen by more than 40% year-to-date. As of Friday’s U.S. stock market close, it was trading at $147.05 per share.

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In addition, rumors about Tesla layoffs have attracted market attention.

Recently, it was reported that Musk issued an all-employee letter announcing that Tesla would lay off 10% of its employees globally. Public information shows that Tesla currently has approximately 140,000 employees worldwide. If the above news of layoffs is true, it may affect approximately 14,000 employees.

Tesla has also been caught up in rumors of “executive departures.” According to previous reports by Bloomberg, Tesla Senior Vice President Drew Baglino has resigned, according to people familiar with the matter.He is one of only four Tesla executives responsible forBattery,motorand engineering and technology development of energy products. It is reported that Baglino resigned together with Rohan Patel, Tesla’s vice president of public policy and business development.

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(Source of article: Financial Associated Press)

Source of article: Financial Associated Press

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The article is in Chinese

Tags: Tesla China reduced prices Model

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