• 04.09.2024

TOP AUTO NEWS

Auto news from China

End of season surge! Tesla in the US is offering a $3000 discount on new cars.

Nov 24, 2023

End of season surge! Tesla in the US is offering a 00 discount on new cars.

According to reports, Tesla in the United States has once again started discounting new inventory Model Y and Model 3 cars, which will drive a new round of deliveries at the end of the quarter. Although Tesla has often used price cuts in the past to create demand, it has avoided direct discounts on vehicles until recently. However, earlier this year, Tesla began discounting new inventory vehicles, indicating a shift in the company’s attitude. In recent months, Tesla has successfully stabilized prices and no longer offers discounts on new inventory vehicles. However, as the end of the year/quarter approaches, the Tesla US official website has now entered the discount phase. In an update to the “New Vehicle Inventory” section of the Tesla US official website, Tesla has started offering discounts of up to $3000 on the Model 3 model.

End of season surge! Tesla in the US is offering a 00 discount on new cars.

Image source: Tesla Tesla is selling these low-mileage but almost new cars as new cars, and buyers can get a $7,500 tax credit. Earlier, Tesla had warned that next year, there may no longer be a basic tax credit for the Model 3, which further motivated potential buyers to purchase before the end of the year. Inventory cars for the Model Y now also have a $3,000 discount.

End of season surge! Tesla in the US is offering a 00 discount on new cars.

Image source: Tesla Tesla is attempting to achieve a new delivery record in the fourth quarter to meet its annual delivery target of 1.8 million vehicles. So far this quarter, Tesla’s sales in China have been strong, with even the prices of Model 3 and Model Y increasing. However, the situation in the US market is more challenging. Despite the gradual increase in new car deliveries, Tesla faces changes in the sales tax exemption rules next year, which could reduce current incentives. Nevertheless, Tesla is still expected to achieve its target this quarter, and the interest sparked by the Cybertruck could also provide some assistance.