Model Y began shipping in March, and earlier this month Tesla reported better delivery numbers for all of its vehicles in the second quarter, so the reason for the price cut is unclear. However, it is likely that all automakers will help increase sales at a time when they feel the tightening of the economic downturn.
Tesla lowered prices on several vehicles in May, but Model Y was not included in these discounts. Prices in the basic models and Performance versions of the Model S and Model X reduced $ 5,000 and prices in all versions of Model 3 decreased by $ 2,000 (Prices for Model 3s sold in China were slightly different).
He said he delivered 80,050 of Model Y and Model 3 vehicles and 10,600 of Model S and Model X vehicles, although the Fremont plant in California was temporarily closed due to a coronavirus pandemic. This delivered the total for the second quarter to 90,650 vehicles, better than the 72,000 expected by Wall Street analysts.
Sales of all cars in the past few months have been a hit, with trend estimator IHS Markit predicting a 22% drop in the global car market this year. Electric vehicle sales are expected to drop by 18 percent, according to Bloomberg New Energy Finance. According to Edmunds.com, automobile sales increased slightly - from May to June - about 3.3 percent, but CNBC fell 30 percent compared to a year ago.
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