Tesla Announces: These Two Existing Car Models with Significant Price Reductions | Tesla | Existing Cars
On July 1st, Tesla announced that users who purchase two new models of the Model S/X can enjoy discounts ranging from 35000 to 45000 yuan.
Tesla Promotes Car Incentive Activities
The current model S/X will be discounted by 35000-45000 yuan
After being included in the discounted benefits, the Model S dual motor all wheel drive version starts at 773900 yuan and the Model S Plaid three motor all wheel drive version starts at 988900 yuan; The current price of the Model X dual motor all wheel drive version starts at 863900 yuan, and the Model X Plaid three motor all wheel drive version starts at 1013900 yuan.
Tesla has adjusted prices multiple times
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Since the beginning of this year, Tesla has adjusted its prices multiple times globally. In January, Tesla's domestic models saw a significant price reduction, with a starting price of 229900 yuan for the Model 3 and 259900 yuan for the Model Y, both hitting historic lows.
On April 7th, Tesla conducted a price reduction in the United States, with Model 3 and Model Y reduced by $1000 and $2000 respectively, and Model S and Model X reduced by $5000, with an overall decrease of 2% to 6%. At the same time, Tesla has officially launched a lower priced Model Y model in the United States, equipped with an AWD powertrain, with a starting price of $499900.
But then Tesla suddenly announced a price increase, and according to Tesla China's official website, the Tesla Model 3 and Y models were all priced up by 2000 yuan. After the price increase, the selling price of Tesla Model 3 increased to 231900 yuan and Model Y increased to 263900 yuan.
On May 5th, Tesla China once again announced a price increase of 19000 yuan for all models of the all-new Model S and all-new Model X.
On May 12th, Tesla's US official website showed that Tesla has raised the prices of several electric vehicle models, including the Model X, Model S, and Model Y, in the US.
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On June 14th, Tesla raised the price of the Model Y basic version in the United States by $250. This is the third time Tesla has raised the price of Model Y since April 19th.
Tesla CEO Musk has stated that Tesla is willing to sacrifice profit margins to increase sales, but is also seeking to increase vehicle prices if possible.
Model Y delivery time extension
In terms of delivery time, on June 29th, Tesla China's official website showed that the domestic delivery time for the Tesla Model Y rear wheel drive version, long endurance version, and high-performance version has been extended to 2-6 weeks. Prior to this, the delivery time for the rear wheel drive and long endurance versions of Model Y was 2-5 weeks, while the delivery time for the high-performance version was 1-4 weeks.
Previously, Tesla posted that the Model Y became the world's best-selling model in the first quarter of this year.
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Second quarter delivery volume or record high
The market is also very concerned about Tesla's delivery volume, and some analysts predict that Tesla's delivery volume will reach 445000 vehicles in the second quarter.
Data shows that Tesla delivered 255000 cars in the second quarter of last year. The company delivered 422875 vehicles in the first quarter of this year, which is currently the highest quarterly delivery volume for the company, slightly higher than the market's generally expected 421200 vehicles. If Tesla's delivery volume in the second quarter meets analyst expectations, it means a year-on-year increase of 75% and a month on month increase of 5%, and also means it will break the quarterly delivery record.
Goldman Sachs analyst Mark Delaney said that due to Tesla's market leadership in the electric vehicle and clean energy sectors, the company is expected to achieve long-term growth, but these positive factors "have now been better reflected in the stock price.". Barclays analyst Dan Levy believes that Tesla's stock price growth is "too rapid" compared to recent fundamental challenges.
Meanwhile, analysts predict that Tesla's sales in China will reach a new historical high. Shi Ji, an analyst at CMB International Securities, estimates that Tesla may sell 155000 cars in China in the second quarter of this year, a 13% increase compared to the first quarter of this year.
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In terms of stock price performance, Tesla has achieved a strong rebound this year, and as of now, the stock has accumulated a rise of over 112% this year.