Foreign media said that Tesla’s electric car price cuts have expanded and many countries in Europe, the Middle East and Africa have also lowered prices

[TechWeb] according to foreign media reports, after reducing the prices of Model S, Model X and Model Y in the US market by 2000 US dollars last Friday, Tesla also cut the prices of these three electric vehicles in the domestic market by 14000 yuan on Sunday.

The starting price of the rear wheel drive version of Model 3 is 231900 yuan, which is also 14000 yuan lower than the 245900 yuan after they announced the price reduction on January 12.

According to the latest reports from foreign media, like the global layoffs they began last week, Tesla’s price reduction seems to be aimed at the whole world, not only the two major markets, China and the United States, which have already reduced prices, but have been expanded to other markets.

According to foreign media reports, in the German market, Tesla has reduced the starting price of the rear wheel drive version of Model 3 to 40990 euros, a reduction of 2000 euros from the previous 42990.

In addition, foreign media also mentioned that the prices of Tesla electric vehicles in other European countries, Middle East countries and African countries have also been reduced, and the prices of Tesla electric vehicles in these countries were also lowered a few months ago.

Tesla cut prices in many countries around the world, and there is a good chance that poor production in the same quarter is related to delivery and adverse market conditions, seeking to increase demand through price cuts.

In the first quarter of this year, Tesla produced 433371 electric vehicles and delivered 386810 to consumers, both down from a year earlier and below analysts’ expectations.

After Tesla announced the output and delivery volume in the first quarter, some analysts believe that Tesla’s demand environment has deteriorated, and delivery volume in the second quarter is expected to continue to decline compared with the same period last year.

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Link to this article: https://evcnd.com/foreign-media-said-that-teslas-electric-car-price-cuts-have-expanded-and-many-countries-in-europe-the-middle-east-and-africa-have-also-lowered-prices/

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