Tesla, the electric vehicle maker, has once again slashed prices for vehicles in stock in Europe. This decision follows a series of price adjustments throughout the first quarter of the year.
At the start of the year, Tesla drastically reduced the prices of its electric cars in many markets, with savings of up to 15,500 euros in France. Unsurprisingly, demand has since exploded, and stocks quickly declined at breakneck speed.
However, only two months after these price cuts, Tesla has delivered the package in Europe by lowering the prices of vehicles still in stock with us. These discounts are, to say the least, quite substantial, since depending on the vehicle selected, they vary from 1.5% to almost 7%which still represents a total of several thousand euros in savings.
Tesla cars in stock in Europe are cheaper
On the side of electric sedans, we find for example a Tesla Model 3 at only 39,150 euros, against 39,990 euros previously. This is a meager reduction, but any reduction is welcome.
Far more Model Ys are discounted, with Tesla likely producing many cars at its European Gigafactory in Berlin. We notice for example a Model Y in Long Autonomy version at 52,630 euros, against 55,990 euros previouslywhile the cheapest versions are available at 41,990 euros.
These new savings should again stimulate demand at Tesla, which has already seen its order book fill up in recent weeks. Currently, you have to wait between 2 and 4 weeks to receive a new Model Y or Model 3 by ordering on the site, while the delivery times for a Model S or X are spread out between April and June 2023.
Demand for electric vehicles in Europe has never been stronger, and if a buyer needed the extra incentive to buy, it looks like Tesla has taken a step in the right direction. Elon Musk’s business is expected to quickly hit its sales targets this year, after going through a bad year in 2022.