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Tesla says lower Model Y and Model 3 production costs behind its drastic 14% price reduction

Citing increased manufacturing efficiencies and decreased component costs, Tesla made another round of drastic Model Y and Model 3 price adjustments . The Model Y, in particular, now starts from just US$37,875 in China, a price that is 43% lower than the SUV s tag in the US.

Tesla cuts prices of all Model 3, Model Y electric cars in China to keep up with buyers flocking to cheaper models amid job cuts, slowing economy

The discounts supersede a set of incentives that Tesla extended just this week, underscoring its struggles after it missed its 2022 worldwide delivery targets, and was overtaken by BYD.

It s Becoming Clear Tesla Is Just Another Car Company

Tesla promised to be different. But now it's discounting the Model 3 and selling to Hertz like a regular car company.

Morgan Stanley, Deutsche Bank Aren t Sweating Tesla s Q4 Miss

Even amid lower-than-anticipated vehicle production and delivery numbers to cap off 2022, Tesla still has the faith of some investors for 2023.

Cars that look like they can seat seven

Just as some mini MPVs surprise by squeezing seven into their tiny frames, the elongated designs of these cars suggest a third row - when they don t offer one.

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