Tesla has recently made moves to boost sales by lowering the prices of its electric cars in both China and the United States. The cost of the Full Self-Driving (FSD) software needed for autonomous driving in Tesla vehicles has also been reduced from $12,000 to $8,000 in the US. Customers in the US who purchase a new Tesla will have the option to try the software for a trial period of thirty days.
Tesla’s efforts to lower prices and offer discounts in both China and the US reflect the company’s strategy to increase sales and remain competitive in the electric vehicle market. In China, almost all Tesla models have seen price reductions, with the entry-level Model 3 now priced at just over 30,000 euros. Similarly, in the US, models like the Model Y and Model X are now more affordable than ever before. For example, the cheapest version of the Model Y now costs $42,990, or approximately 40,300 euros.
Despite these efforts, Tesla’s first quarter financial figures are set to be released soon following a disappointing quarter in which fewer than 387,000 cars were delivered to customers. This marks the worst quarter for Tesla in years, resulting in a significant drop in the company’s stock price on Wall Street. However, it is clear that Tesla remains committed to increasing sales and remaining competitive in
