Tesla has significantly reduced its prices to increase sales in the Chinese market and remain competitive with local rivals. Company, Model 3 Prices for approx. 2 thousand dollars lowering, approximately 32 thousand 600 to the dollar pulled. Here are the details…
Tesla made a big discount on Chinese prices! Competition has increased in electric cars
A similar discount was made for Model Y. This step came right after Tesla made similar price cuts in America. The company is in America Model Y, X And S in models 2 thousand dollars made a discount and lowered the price of autonomous driving technology 12 thousand from dollars He reduced it to 8 thousand dollars.
Tesla faces major challenges in 2024. Shares of the company, Deutsche Bank and other analysis organizations lowered their assessments and price targets. 52 weeks old reached its lowest level.
Another discount from Tesla!
Tesla has updated the Model Y / Model X / Model S price due to the recent decrease in sales.
Also CEO Elon Musk, 140 thousand At least one of its global employees Announced that 14 thousand people will be laid off. This shows that Tesla has major problems with electric vehicle demand. China is a growing area of competition in the electric vehicle market, and Tesla has resorted to lowering its prices to increase sales.
However, the difficulties the company faces in the Chinese market are not limited to price cuts. Tesla, 3 thousand 878 Cybertruck electric pickups had to be recalled, because the accelerator pedal connection could become risky loose. This problem, November 2023 with April 2024 It affected all Cybertrucks produced between .
Tesla’s price cuts in China are a sign of the increasing competition and declining sales the company faces in the electric vehicle market. Tesla, which tries to compete by reducing prices, also has to deal with safety and quality problems.
These developments show that Tesla is having a difficult year in 2024 and that there are some significant obstacles for the company to maintain its leadership in the electric vehicle market. What do you think about this issue? You can write your opinions in the comments section below…