News Tesla Model Y demand might be weak judging by automaker's latest move
Elon Musk: It's Time To Bring The Tesla Semi To Volume Production
Tesla Semi finally got the green light for volume production. Perhaps because Nikola Motor's FCVs/BEVs are approaching?"It's time to go all out and bring the Tesla Semi to volume production. It's been in limited production so far, which has allowed us to improve many aspects of the design.
It's possible Tesla faces weaker than expected demand for the SUV as the company now includes the vehicle in its referral program.
Tesla Reportedly Building UK Plant Which May Or May Not Be A Gigafactory
It could just be a research and development facility that could also produce battery packs. Have a grain of salt close to hand, because we’ve just caught wind that Tesla might be opening a new facility in Europe, after the one it’s currently building close to Berlin, in Germany. This one could be built in the United Kingdom, although we don’t expect it to be another Gigafactory, but rather a facility for doing research and maybe assembling battery packs too. Teslarati says the UK government is already looking at finding a big enough plot of land for the facility to be built on.
to boost demand. Seeing the Model Y show up so soon after production and deliveries started is, frankly, kind of surprising.reported Tuesday on the Model Y's inclusion in the program, which Tesla has defined crystal clear in the past: the company adds vehicles or products to the
The whole concept is to reward the Tesla owner referring a new buyer and each receives 1,000 miles worth of free Supercharger station use. Then, hopefully, enough current owners flip new buyers into Teslas to help create more demand.
In contrast to the Model Y's very early addition to the referral program, the didn't show up until one year after deliveries started, according to the website. The electric sedan was also limited to the most expensive version, too. Reportedly, Tesla also sped up current Model Y delivery timelines, which could also signal a lack of demand.
Tesla Model S Is the First Electric Car With 400 Miles of Range, Says EPA
Tesla Model S Is the First Electric Car With 400 Miles of Range, Says EPATesla CEO Elon Musk announced the news along with a company blog post on Monday. Despite the official EPA site for the Model S not being updated, Musk says that the company's flagship luxury sedan has officially tipped the scales in its favor, offering a grand total of 402 miles of pure electric range.
Tesla did not immediately return Roadshow's request for comment.
What doesn't add up is an alleged leaked email from CEO Elon Musk that surfaced Monday evening. In the email, Musk told employees it was extremely important to and reduce errors. The wording hinted at a lack of supply for the electric SUV. Or, perhaps Tesla just wants to sell as many Model Ys as it can.
0% Car Financing: Why It's a Great Deal .
When some new cars aren’t achieving their expected sales pace, or they're reaching the end of their product cycle, most automakers will start offering incentives to increase the sales tempo. One of the best deals you can get is a zero percent financing offer. Scoring a zero percent deal can save you thousands of dollars in interest payments over the life of your auto loan. You can’t get just any car with a zero percent offer, though there are plenty you can buy with a no-interest financing deal. While most vehicles with zero percent interest rate deals aren’t living up to their sales potential, it doesn’t mean they’re not good cars, trucks, or SUVs.