To under $50000! Tesla slashes model y prices in the US

category:Finance
 To under $50000! Tesla slashes model y prices in the US


Modely is the first Volkswagen SUV product of Tesla company, and also the sister product of its star model 3. The two products share a large number of parts, which can minimize the cost.

Tesla China official website modely price has not been adjusted

Since its launch, modely is available in only two versions: long range dual motor AWD and performance. The high-performance version can use or not use the performance pack, which adds several features, including increasing the top speed from 233 km / h to 250 km / h, 21 inch German turbine wheels, high-performance braking, reduced suspension and equipped with aluminum alloy pedals.

Tesla lowered the price to $49990 for the basic model long range dual motor. That means the basic version of the electric SUV is down $3000 from $52990 when it was launched in March.

Now, the same version of Model3 is only $3000 cheaper than modely, and depending on the configuration, modely should initially cost about $5000 more than the smaller model 3.

Last quarter, Tesla also lowered the price of the entire model 3 product line. The car maker didnt explain why it would lower the price of its new electric SUV.

At the same time, industry insiders also revealed more about the Berlin plant, which could be used to produce model y. The plant is located in Brandenburg, northeastern Germany, near Berlin, and Tesla expects to start production in July 2021 and achieve its target of producing 500000 vehicles as soon as possible.

Tesla plans to recruit up to 10500 employees for its first plant in Europe, 1500 fewer than listed in the environmental permit application. Tesla will divide them into three shifts, each with 3000 to 3500 employees.

Tesla plans to use its new mega casting technology more widely throughout the EV lineup. A patent application filed last year showed that Tesla is using the new casting machine to build the model y. Now, musk seems to say that modely, produced at the Berlin plant, will use the technology more widely.

Tesla: modely is profitable

In April, Tesla said modely was profitable, marking the first time in its history that a new car was profitable in the first quarter of mass production and sales.

According to recently released data, Tesla delivered 90650 vehicles in the second quarter, higher than the expected 74130 vehicles. The company delivered 80050 new model y and model 3 vehicles this quarter. These two models have become the absolute main force of Teslas electric vehicle sales. Various data show that the sales of the other two electric luxury models, models s and modelx, have fallen sharply in the United States, obviously impacted by the two Volkswagen models. The good news led to a recent surge in Teslas share price, overtaking Japans Toyota as the worlds largest car company by market value. Musks personal wealth is also reported to have surpassed that of Warren Buffet, the American stock god. Source: from Tencent technology, Netease technology, securities times and public information source: 21st century economic report editor in charge: Chen Hequn_ NB12679

According to recently released data, Tesla delivered 90650 vehicles in the second quarter, higher than the expected 74130 vehicles. The company delivered 80050 new model y and model 3 vehicles this quarter. These two models have become the absolute main force of Teslas electric vehicle sales. Various data show that the sales of the other two electric luxury models, models s and modelx, have fallen sharply in the United States, obviously impacted by the two Volkswagen models.

The good news led to a recent surge in Teslas share price, overtaking Japans Toyota as the worlds largest car company by market value. Musks personal wealth is also reported to have surpassed that of Warren Buffet, the American stock god.

Source: comprehensive from Tencent technology, Netease technology, securities times and public information