• mainaccount@lemmy.worldOP
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      1 year ago

      Tesla doubles discounts on Model 3 cars in US inventory

      https://www.reuters.com/business/autos-transportation/tesla-doubles-discounts-model-3-cars-us-inventory-2023-06-01/

      Facing economic headwinds, mounting competition and rising production, Tesla this year has aggressively cut vehicle prices in many countries and is resorting to the traditional automakers’ tactic of offering incentives to clear inventory, analysts said.

      • Flying Squid@lemmy.world
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        1 year ago

        From your article:

        In California, a Model 3 variant in inventory was priced at $42,060,

        I and my sub-$25,000 car stand by my previous statement.

        • mainaccount@lemmy.worldOP
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          1 year ago

          If you wanted Tesla, but $55k was too much, $45k is relatively cheaper. I know people that bought Teslas recently, only because of the (3rd) discount.

          Here in SoCal # of Teslas skyrocketed after the discount(s). Kia Niro EV is $40-46k. People can buy a Tesla for that and they do, because they think it’s a good car (it’s not). That’s why I said they’re buying them - because of the price.

      • sombrero
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        1 year ago

        in eastern europe for the cost of a single model 3, around 50k euros, you could get 3 actual nice entry level cars. People buy them as a status symbol and because they are impressed by a different approach, because they are bored of the german industry sitting on their laurels not progressing. Musks name has very little do to with this phenomenon and I don’t know if anyone(here) over 30 who doesn’t go on reddit has an opinion of him at all.