in the U.S. are reverberating through the car business, pressuring rivals and affecting purchase decisions for new- and used-car buyers.
The Elon Musk-led car maker’s most recent cut—slashing as much as 20% from the price of some versions of its top-selling Model Y earlier this month—shocked Stanly Tran. The 32-year-old California psychotherapist had been on the waiting list for a Ford Mustang Mach-E electric SUV, but quickly ditched his reservation and purchased a Model Y after a friend alerted him to the price drop.
I’m waiting to see prices fall before I buy.
Great News!
👍I like the competition. Let the smartest win the market. 👋
Tesla covered here with more nuance than WSJ hit pieces du jour. Softening the TSLA-TWTR-Musk clickbait tirades?
Since time I tought they knew that price war almost killed them.... I guess the new doesn't know it 🤷
Cars have gotten way too expensive. Even MSRP’s are too high. I’m out of the market holding my cash waiting for the right price.
I would consider a Tesla 3 or Y right now if: - there was a display in front of the driver -it had Android/iphone mirroring -it has a sunshade for the glass roof -the seats had a ventilation option -the common functions were on buttons/knobs -it had 'one step' door handles