Tesla cuts prices in China, Germany and around globe after US cuts

Yahoo Finance via Reuters ^ | 04/21/2024 | Hyunjoo Jin, Ethan Wang and Christoph Steitz

[Paladin2]

It’s over.

[linMcHlp]

Cuts are temporary.

[SeekAndFind]

RE: Cuts are temporary

Are you saying that the price of Tesla Cars will rise again? If so, when do you anticipate this to happen?

[Paladin2]

It’s like BiXiden inflation?

[linMcHlp]

TESLA keeps changing prices, per model, per sales zone. Feeling their way.

Where TESLA can raise prices, they will.

Example of ups and downs - 04/02/2024 article:

https://www.slashgear.com/1553388/could-tesla-survive-2024-price-cut-q1-supply-report/

Reuters story of 03/15/2024 - “Tesla had temporarily cut prices of some of its Model Y cars in the U.S.”

https://www.reuters.com/business/autos-transportation/tesla-raise-model-y-vehicles-prices-by-1000-april-1-2024-03-16/

Overall EV sales growth has slowed, but still grows. IMHO TESLA (up to a couple weeks ago) underestimated the competition: specifically Ford Motor Co.

[linMcHlp]

MarketWatch:
https://www.marketwatch.com/guides/insurance-services/electric-vehicle-statistics-2024/

[linMcHlp]

Forbes - 03/24/2024
EV Sales Slow As Buyers Want 20-Minute Charging And 350-Mile Range
https://www.forbes.com/sites/peterlyon/2024/03/24/why-arent-evs-selling-as-experts-predicted/?sh=5e624fdc2d23

- - -

IMHO

EV charging logistics will be a mess. Theft of copper, being only one example of many failures-to-be. When your EV boggs down on I-80 in Pennsylvania with 1 - 2 ft of snow around you, at 2:00 AM in the morning . . . Or, when it is rush hour in wintertime, and you are stuck behind 40 vehicles before the next exit that is backed up all the way to the available charging stations.

EV Trucks - transporting between established charging/maintenance stations, will probably succeed as “sort of a new version of railroads, in effect.”

[linMcHlp]

The Federal Reserve is a Big Real Estate Investment Tangle:

Functioning to ensure a 2% rate of real estate price increases.

Not very good at the rudder it (economists) like to imagine.

IMHO

[Paladin2]

When will BiXiden force the RRs to go from Diesel Electric to Electric?

Too bad the Milwaukee Road gave up their Western electrified miles out west.

In 1905, the board approved the Pacific Extension, now estimated at $60 million ($1.58 billion in 2023 dollars).

[Paladin2]

The FED target for Inflation should be 0.01%

[Paladin2]

Seer the investment numbers in post #10

[Paladin2]

See the investment numbers in post #10

[linMcHlp]

bttt

[Paladin2]

2% is TOTAL kr@p.

[Tell It Right]

When your EV boggs down on I-80 in Pennsylvania with 1 - 2 ft of snow around you, at 2:00 AM in the morning . . . Or, when it is rush hour in wintertime, and you are stuck behind 40 vehicles before the next exit that is backed up all the way to the available charging stations.

I'm in 100% agreement with you, and I'm an EV owner. Not only should they be a free market decision, but anybody thinking about getting an EV should first look at his driving habits and conditions to make sure it's a good fit. And even then, don't get one unless you have a gas car too (i.e. married and need 2 cars anyway).

[linMcHlp]

bttt

[butlerweave]

Governments will still try to FORCE everyone to buy an EV ,LOL

[linMcHlp]

04/22/2024 Monday morning news, has TESLA under pressure to lower prices; and stock price also under pressure.

[linMcHlp]

Reuters story from 04/19/2024

TESLA having trouble meeting deal with PepsiCo, wherein TESLA was supposed to provide 100 heavy electric-trucks, but TESLA has only been able to supply 36.