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submitted 1 year ago by MicroWave@lemmy.world to c/news@lemmy.world

Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations.

The starting price for the Model 3 is listed at $38,990 on Tesla’s website, down from $40,240 previously. The long range Model 3 fell from $47,240 to $45,990. And the Model 3 Performance fell to $50,990 from $53,240.

Tesla’s Model Y Performance sports utility vehicle now starts at $52,490, down from a previous price of $54,490.

Beginning at the end of last year, Tesla began cutting the prices of its cars across the world in a bid to stoke demand amid concerns over slowing consumer spending in markets like the U.S. and China and as competition in the electric vehicle space ramped up.

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[-] Mokujin@lemmy.world 95 points 1 year ago

Honestly I think I’m more dissuaded because of who Elon has become.

[-] agitatedpotato@lemmy.dbzer0.com 38 points 1 year ago

Knowing he can swoop into Tesla and start making decisions that over rule the experts that work there like he did at twitter should scare people who can't afford to just buy another EV if it happens to Tesla.

[-] Kage520@lemmy.world 15 points 1 year ago

"If" it happens to Tesla? Pretty sure the over promising if FSD and the poor build quality have always been Tesla things driven by Musk. Once competition gears up I really hope Tesla improves. It's actually a fun car to drive just make sure you get one that was built properly and don't bother with FSD.

[-] agitatedpotato@lemmy.dbzer0.com 3 points 1 year ago

Look at twitter though, I'm not convinced Tesla cant get much much worse and I think its directly related to how much time Musk spends doing his job there.

[-] jivemasta@reddthat.com 1 points 1 year ago

The difference is Twitter is a private company, and Tesla is public. Meaning he is free to run Twitter into the ground because at the end of the day, it's his to do as he pleases. But with Tesla, he has to ultimately answer to the share holders, if he starts running amok of the company, they can vote to give him the boot and he can't really do anything about it.

[-] nyoooom@lemmy.world 22 points 1 year ago

There are quality issues but the success of Tesla was mostly due to the hype created by Elon, now that most of the people that care the most about the environment dislike Elon of course their sales drop

[-] Socsa@sh.itjust.works 7 points 1 year ago

The success was because for a solid 5 years, the Model 3/Y were the only widely available long range EVs.

[-] FrostyTrichs@lemmy.world 5 points 1 year ago

I was drawn to them when they were new and different and it seemed like some of the problems were just growing pains. Now it seems like Tesla started as a great idea and quickly got steamrolled into a clown show like everything else Elon touches. At one point I wanted a model 3 but now I'd rather have a gas electric hybrid like a Prius or something and an ebike or scooter.

[-] Cheers@sh.itjust.works 2 points 1 year ago

You mean added ad content that's not removable or blockable, charging a subscription for no new features, and blocking users he doesn't like.

Yeah I'm not buying a car from a megalomaniac that might flip the switch for Tesla over 6 months to become his new biggest ad/subscription machine.

this post was submitted on 06 Oct 2023
121 points (96.2% liked)

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