Tag Archives: price

China price cuts boosting buying sentiment, survey says

China price cuts boosting buying sentiment, survey says

Despite buyer protests in China over recent Tesla (TSLA) price cuts on the mainland, it seems the move overall has been a huge hit for the EV maker. Earlier this month Tesla cut prices in China, with the Chinese-made Model 3 falling by 13.5% to $33,515, and the Model Y dropping 10% to $37,899. Wedbush Securities conducted a survey of over 500 prospective EV buyers in China to gauge their reaction to Tesla’s price cuts. The results proved to be quite positive for Tesla’s prospects in the… Source link

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News, leaks, rumored price, and release window

News, leaks, rumored price, and release window

After months of leaks and speculation, the Google Pixel 7 and Google Pixel 7 Pro arrived on the market in style. Google took the lessons it learned from its first-gen Tensor-powered devices and launched two of the best Android phones on the market, offering a well-rounded package at affordable prices that undercut the competition. But with those phones now established as the rulers of the smartphone world, it’s time to look at what’s on the horizon for the Pixel series. ANDROIDPOLICE… Source link

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Tesla higher as Goldman weighs in on ‘strategic implications’ of price cuts

Tesla higher as Goldman weighs in on ‘strategic implications’ of price cuts

Tesla (TSLA) dropped the bomb on the auto market with huge price cuts last week, and now Wall Street is catching up with post-game analysis, if you will. In a note called “Analyzing the impact of reduced Tesla vehicle prices,” Goldman Sachs analyst Mark Delaney takes a glass-half-empty, half-full approach. Delaney says the price cuts imply concern over reduced demand in the U.S. “While the reduced prices for Models 3 and Y helps the company to better address the roughly 20%-30% of… Source link

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Tesla stock sinks on fresh Model 3 and Model 7 price cuts

Tesla stock sinks on fresh Model 3 and Model 7 price cuts

So much for that Tesla stock (TSLA) bounce. Shares of the EV maker fell more than 4% in pre-market trading on Friday amid fresh U.S. price cuts for the Model 3 and Model Y. The stock had rallied about 9.5% in the past five sessions as traders speculated a bottom was forming after a 65% decline in 2022. Tesla cut the Model 3 base version by $3,000 to $43,990, according to an update on its website. The Model 3 Performance variant saw a price cut of $9,000 to $53,990. As for the Model Y Long… Source link

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