Tesla is offering more incentives on one of its popular models

2023-05-20 11:57:04

As revealed by Archyde.com from its website, Tesla is offering discounts of more than $1,300 on some Model 3 cars in its US inventory following even bigger discounts in Europe,

At a time when the electric carmaker has increased prices in the US on most new cars ordered. this month.

Tesla, which has aggressively cut vehicle prices in several regions this year, is resorting to the traditional automaker tactic of offering incentives to clear inventory at a time when it faces economic headwinds and growing competition. say industry analysts.

Tesla CEO Elon Musk told shareholders on Tuesday that the company will try for the first time, in a move that analysts believe will boost demand.

Musk also cautioned that Tesla is not immune to the global economy, which he said will be difficult over the next 12 months.

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Alexandra Hartman Editor-in-Chief

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