Starting from Friday, March 22, Tesla (TSLA.US) will increase the prices of Model Y cars in Europe and from April 1 in the USA. Prices in the USA will be raised by an average of 1000 dollars, and in Europe by about 2100 dollars.
Regarding sales policy in China, the company is offering discounts worth nearly 1500 dollars for on hande available models.
However, on the other hand, bank analysts argue that given the company's overall very high inventory levels, the implemented program of price increases may not permanently help the company, as it will not combat the low demand prevailing in the market.
Since the beginning of the year, the company's shares have already lost about 30%. The company's shares are currently trading at local lows, which are located in the zone of the lowest levels observed since April-May 2023. During today's session, the company's shares are gaining 5.77% in intraday terms.
Source: xStation
Microsoft Preview : What to expect of Q3 Earnings?
Economic calendar: Fed, BoC and Mag 7 companies to fight for investors' attention (29.10.2025)
Daily Summary – Wall Street Rises Ahead of “Magnificent Seven” Earnings
Palantir and Nvidia Join Forces in Advanced Artificial Intelligence Development
This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.
