Here are the prices of Tesla cars around the world after the recent wave of discounts

Here are the prices of Tesla cars around the world after the recent wave of discounts

2024-04-21 17:16:22

A company spokesperson said You’re hereOn Sunday, the company announced that it would reduce prices of some of its car models in Germany and elsewhere in Europe, the Middle East and Africa.

The move comes as the company revealed a price cut over the weekend in China and the United States.

Here are the prices of Tesla cars around the world following the recent wave of discounts.

Tesla car prices in Europe and China

In Germany, the automaker reduced the price of its rear-wheel drive car (Model 3) to 40,990 euros, the equivalent of $43,670, from 42,990 euros, which has been the price of the car since February of this year.

While the company’s official website showed on Sunday that it had reduced the starting price of the same model from 14,000 yuan, or $1,930, to 231,900 yuan, or $32,000… China.

Tesla made similar reductions on the starting price of the Model Y, which now stands at 249,900 yuan, and that of the standard version of the Model S, at 684,900 yuan.

Reducing Tesla Car Prices in America

Yesterday Saturday, Tesla reduced the price of its fully autonomous driving assistance program to $8,000 from $12,000 in the past. UNITED STATES.

Last Friday, Tesla announced that it would reduce prices on three of its car models – Model

Reuters reported that Tesla has reduced Model Y prices to $42,900, while prices for the long-range and top-spec Model Y cars are between $47,990 and $51,490, respectively, according to prices listed on the official company website.

The cost of the base version of the Model S is around $72,990, while the cost of the long-range model is around $87,990, compared to $77,990 for the base version of the Model.

Why is Tesla reducing the prices of its cars around the world?

The global electric car market is seeing slowing demand, prompting companies like BP to cut their electric car charging unit workforce by around a tenth, while Tesla intends… Demobilization More than 10 percent of its global workforce.

Tesla revealed this month that global car orders fell in the first quarter of the year for the first time in regarding four years, emphasizing that the price cuts approved by the company had not been successful. to stimulate demand.

The electric car maker has been slow to update its older models as high interest rates have sapped consumer appetite for expensive products, while rivals in China, the world’s largest auto market , are launching cheaper models.

As global automakers work to electrify their cars, many companies are investing billions of dollars to create new job opportunities and committing to their sustainability goals to move to the next generation of faster and more environmentally friendly means of transport, which has created a “price increase”. war” between local and international manufacturers.

The strategy of lowering electric car prices follows a slowdown in global sales of fully electric and hybrid cars, which increased by 31% in 2023, compared to 60% in 2022, according to the market research company (RhoMotion) .

The company’s chief data officer, Charles Lester, said global electric car sales last year were largely in line with company expectations of 30%.

For the year 2024, the company expects global sales of electric cars to increase between 25 and 30 percent.

Fully electric cars, or battery-powered electric cars, accounted for 9.5 million of the 13.6 million electric cars sold worldwide in 2023, with the remainder made up of hybrid cars.

After years of accelerating growth, some automakers fear electric vehicle sales in Europe and elsewhere are headed for a slowdown in demand as drivers wait for better, smaller and cheaper models within two to three years .

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