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Tesla Lowers Model S and X

  • TeslaWatcher
  • Mar 7, 2023
  • 1 min read

Tesla, the most dominate EV manufacturer, cuts prices again from a position of strength


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New Tesla Price Drops Mean More Sales


Buying a luxury Tesla just got way cheaper, now that Tesla reduced prices on the

Model S from $94,990 to $89,990 and the Model X from $114,990 to $109,990. I for one am glade to see this, because I'm thinking about getting a Model S Plaid. Now its getting real close to my acceptable price point.



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CNBC's Carl Quintanilla and Michael Santoli report on news abut Tesla price cuts.


Source: CNBC YouTube



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Tesla Model S & Model Y Price Drops In 2023


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Gary Black, Future Fund managing partner, joins 'Squawk on the Street' to discuss his thoughts on Tesla and why he bought more of the stock.


Source: CNBC YouTube



"We found that even small changes in the price have a big effect on demand... Affordability is what matters... As you make the car more affordable, we'll have demand go crazy. said Elon Musk on Investor Day"




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Yahoo Finance’s Pras Subramanian joins the Live show to discuss Tesla’s recent round of price cuts for the Tesla Model S and Tesla Model X.





Analysts at Jefferies have raised their price target for Tesla stock to $230 from $180 and reiterated their ‘Buy’ rating.


"Lack of new product unveil does not imply major growth delays in our view. The focus on doing more with less, not just more at lesser cost, continues to set apart the Tesla culture of resource efficiency, design to manufacture, and continuous improvement. Governance was hinted at, with more to expect from the board, said Jefferies Analysts"





11 Comments


NEERAJ MISHRA
NEERAJ MISHRA
Oct 29

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NEERAJ MISHRA
NEERAJ MISHRA
Oct 28

What is ABCD Index?

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NEERAJ MISHRA
NEERAJ MISHRA
Oct 28

What is ABCD Index?

The ABCD Index is an online research indexing database that helps researchers, scholars, and publishers:

✅ To check journal details and contact info

Like

Alice Castle
Alice Castle
Oct 25

Tesla’s recent price cuts on the Model S and Model X highlight the company’s strategy to boost affordability and drive demand, making luxury EVs more accessible to buyers. Analysts see this as a smart move that strengthens Tesla’s market position while maintaining profitability. For students or professionals trying to balance work, studies, or research while keeping up with trends, an Assignment Helper Cheap can provide cost-effective support to manage tasks efficiently.

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