_tesla-slashes-prices-on-model-y-model-x-and-model-s-vehicles-in-the-us-by-362000-each.jpg "Tesla Slashes Prices on Model Y, Model X, and Model S Vehicles in the US by $2,000 Each from momentum investing strategy Video Screenshot Preview")
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⏲ Duration: 0:39
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✓ Published: 23-Apr-2024
👁 View: 2.4M times
✓ Published: 23-Apr-2024
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Tesla cut the prices of its Model Y, Model X, and Model S vehicles in the US by $2,000 each. Tesla also ended referral program benefits in all markets after April 30th, which previously provided buyers with extra incentives. Tesla laid off over 10% of its global workforce in recent job cuts, according to an internal memo. The automaker previously canceled plans for a $25,000 inexpensive car that investors were counting on for mass market growth. Tesla's vehicle deliveries declined in the first quarter, the first drop in nearly 4 years, as price cuts failed to boost demand.
Tesla cut the prices of its Model Y, Model X, and Model S vehicles in the US by $2,000 each. Tesla also ended referral program benefits in all markets after April 30th, which previously provided buyers with extra incentives. Tesla laid off over 10% of its global workforce in recent job cuts, according to an internal memo. The automaker previously canceled plans for a $25,000 inexpensive car that investors were counting on for mass market growth. Tesla's vehicle deliveries declined in the first quarter, the first drop in nearly 4 years, as price cuts failed to boost demand.
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