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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. . We are raising Model Y prices.

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Ford reveals new Mustang Mach-E for 2025: lower price, heat pump, more interior space

Teslarati

Ford has revealed its new Mustang Mach-E for 2025 with some revised features, including a heat pump, three new colors, and a Sport Appearance Package, all at a better price than ever before. Need accessories for your Tesla? The 2024 Mustang Mach-E starts at $39,995 , equating to a $3,500 decrease for the 2025 model year.

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Tesla’s Elon Musk expected to become the world’s richest person again

Teslarati

Tesla CEO Elon Musk appears to be well on his way toward recapturing the title of the world’s wealthiest person by net worth. It was also the steep 65% drop in Tesla stock last year that brought Elon Musk’s net worth down. Elon Musk’s net worth has surged $45 billion this year.

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Elon Musk net worth falls further behind world’s new richest person

Teslarati

Earlier this month, Elon Musk lost his title as the world’s wealthiest person by net worth. But amidst the continued decline of Tesla stock, the gap between Musk and Bernard Arnault, the chairman of LVMH Moet Hennessy Louis Vuitton, has only gotten more prominent. billion, Tesla’s shares were trading at $340.79.

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Elon Musk loses crown as Forbes’ Richest Person

Teslarati

Elon Musk has officially lost his position as the richest person in the world. billion today, forcing him to relinquish his spot as the wealthiest person in the world. Musk’s net worth has mostly dropped due to a significant slide in Tesla’s stock price, which has been demolished over the past year.

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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. It also cut the price of its Model Y Performance by €5,000 to €55,990, an 8% discount.

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Tesla Robotaxi Network expected to scale before competitors

Teslarati

Long-time TSLA bull ARK Invest expects Tesla’s Robotaxi Network to scale before competitors also offering autonomous ride-hailing platforms. ARK doesn’t expect Tesla to be the first to offer expansive fully autonomous ride-hailing services. She explained that Tesla’s edge would be its relatively low-priced robotaxi rides.

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