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Tesla's Model 3 / Y models cut prices in the United States and continue to "make a profit by volume".

Shulou Source: shulou.com Published: 2023-11-24 21:05:11 10月04日 Update

Thanks to the CTOnews.com netizen Brother Black fly's left hand, Alejandro86, the West window, and the delivery of the clue of flirting. CTOnews.com, October 6, according to Tesla's US official website, the company continues to reduce the prices of some vehicles in the United States, reducing the price of Model 3 cars in the United States from $40240 (CTOnews.com Note: about 294000 yuan) to $38990 (currently about 285000 yuan) Reduce the price of Model Y long-range SUV in the United States from $50490 (currently about 369000 yuan) to $48490 (currently about 354000 yuan).

▲ image source Tesla US official website

▲ Touyuan Tesla US official website Tesla also released a production and delivery report for the third quarter of 2023, claiming that a total of 430500 electric vehicles were produced worldwide and 435100 were delivered in the third quarter, an increase of about 18% and 27% respectively over the same period last year, and a decrease of 10.3% and 6.7% respectively. The market had expected production and sales in the third quarter to be 462000 and 456700 respectively, but the actual production and sales were lower than market expectations.

▲ figure source Tesla CTOnews.com reported in September this year that Goldman Sachs believes that Tesla will further reduce prices in the future. Goldman Sachs analyst Mark Delaney believes that Tesla may further reduce prices and gain higher sales through the route of "volume profit" in the future, but this will weaken the EPS (CTOnews.com note: Earning Per Share, earnings per share) growth brought about by cost reduction.

Before that, in the face of the Tesla price reduction incident in the Chinese market, Tesla claimed at that time that "this price reduction is for the consideration of giving more welfare to consumers." Tesla has always insisted on cost-based pricing and on the basis of cost control. Maximize profits to consumers.

Related reading: "Tesla responds to price reduction: maximizing profits to consumers on the basis of cost control"

"Goldman Sachs analyst: Tesla may cut prices further next year."

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