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LIVE BLOG: Tesla Q1 2024 earnings call

Teslarati

Musk clarified that Tesla is now seeing a lot of competitive prices from its battery suppliers due to excess capacity. He also admitted that Tesla’s vehicle purchasing process has become overcomplicated. Tesla will aim to optimize its buying process for it would be possible to “buying a car in under a minute.”

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Elon Musk comments on Tesla’s pricing strategy following cuts

Teslarati

Tesla has dropped the prices of its electric vehicles (EVs) and its Full Self-Driving (FSD) software over the past few weeks, reigniting larger discussions about the automaker’s overall pricing strategy. “Subscription price will go up once we release FSD. . “Subscription price will go up once we release FSD.

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Tesla slashes Full Self-Driving monthly subscription price by 50%

Teslarati

Tesla has slashed the Full Self-Driving subscription price by 50 percent, bringing it down to $99 monthly from $199. The price to purchase Tesla’s Full Self-Driving suite outright has not changed. Although Tesla does offer the subscription service, Musk has maintained that it would be smarter to buy the FSD suite outright.

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Hertz CEO Leaves After Buying 100,000 Teslas

The Truth About Cars

Almost all of us have made a boneheaded purchase or three in our lives. But few are notable as the debacle at Hertz, a company which most gearheads know decided to buy tens of thousands of electric vehicles only to bin them at severely subvented prices. Now, the CEO is stepping down from his role.

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Car Insurance Rate Increases Offset the Gradual Price Drops

The Truth About Cars

New car prices are slowly returning to reality, but the universe isn’t done torturing buyers. A new report from Reuters found that insurance rates are climbing just as the financial pain of buying a new car is easing. Image: Photo Spirit via Shutterstock] Become a& TTAC& insider.

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Tesla Looks to Boost Model Y Sales with Threats of Nearing Price Increases

The Truth About Cars

As we approach the end of the first quarter of 2024, Tesla is pushing the Model Y with a message that prices will increase on April 1 in hopes that the threat of higher purchase price s will drive buyers to act in the next two weeks. Even so, the company will likely remain in its dominant position atop the EV market in the U.S.

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The Brand-New Tesla Model 3 Performance Already Got a Price Bump

The Truth About Cars

This will come as no surprise to anyone, but Tesla is yet again changing its prices, though this time it’s on a less-than-week-old vehicle. The Model 3 Performance, which only went on sale last week, has already received a $1,000 price bump , making it $53,990 to start.

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