tesla us – pressnews

[ad_1] Tesla is offering discounts of more than $1,300 on some Model 3 cars in its U.S. inventory following even heavier discounts in Europe, according to a Reuters' review of its website, even as the electric carmaker has raised U.S. prices on most newly ordered cars this month. Facing economic headwinds and mounting competition, Tesla this year has aggressively cut vehicle prices in several regions and is resorting to the traditional automakers' tactic of offering incentives to clear inventory, analysts said. On Tuesday, CEO Elon Musk told shareholders Tesla will try advertising for the first time, a move analysts said could drum up demand. Musk warned Tesla was not immune to the global economy, predicting it will be difficult for the next 12 months. Tesla slightly raised prices of ...

[ad_1] The US has a chance to become a serious global player in the space. But it’s squandering it. In the 1980s, as Japanese cars flooded the already-struggling US auto market, then-President Ronald Reagan's trade representative, William E. Brock, found a way to limit them with tariffs and import quotas. The measures eventually resulted in the likes of Toyota Motor Corp., now the world's largest car company, investing hundreds of millions of dollars to set up factories — or transplants, as they were known — across America. They churned out millions of vehicles that led to the proliferation of an efficient auto-supply chain and employed thousands of workers. If the US plays it right, this could happen again — sans the tariffs — as it tries to build the great American electric-vehic...

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Tesla offering discounts of over $1,300 on some U.S. Model 3 cars

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