You will be needing a detailed vehicle history report that consists of crucial deets like accident, repairs, and maintenance records. What is the History and Condition of the vehicle?.In addition to it, check if the vehicle has been regularly serviced. Request the dealer to give you details regarding battery’s remaining lifespan, mileage, charging history, and more. One of the most important aspects to consider is the battery’s health and its remaining capacity. What is the mileage and battery degradation of the model?.It will be interesting to see if Tesla decides to again adjust prices down in the US – especially for Model X.Īlthough when it comes to the electric SUV, Tesla’s recent offer of six years of Supercharging for owners of older Model S and Model X vehicles to upgrade might have done the trick already, and it has yet to be reflected in the inventory vehicles.Contact Us 3 Crucial Questions to Ask When Buying a Pre-owned Tesla Model Now it’s important to take these data points with a grain of salt since they also might be a result of Tesla deploying more inventory in the US during a short period of time ahead of switching production for other markets.īut regardless of that, in general, higher inventory is certainly not a good sign for demand. I realize that much of this inventory relates to Tesla ramping up production faster than their competitors, but are other automakers having sales issues? View all comments How are sales doing for other automakers? What does demand look like for other automakers Electrek’s TakeĮveryone talks about inventory and Tesla's price cuts but where's the context? Model Y inventory was cut in half to about just 300 units following the two most recent price cuts. The only good news is that the price cuts appear to have worked for the Model Y, which is now Tesla’s best-selling vehicle. Model 3 also appears to start being a problem with inventory jumping 50% over the second half of the month despite the recent price cuts. The automaker appears to be stuck with over 1,200 Model X vehicles on inventory in the US. Interestingly, Tesla’s biggest problem appears to be the Model X: We can see a big drop at the end of the quarter and after Tesla’s second-to-most recent price drop, but despite a second price drop this month, the inventory appears to keep climbing. Sure enough, new inventory data, which doesn’t include vehicles in transit, tracked by Matt Jung shows that Tesla’s new inventory vehicles in the US have reached a new high of around 2,600 vehicles: The automaker tried to justify it with vehicles in transit, but it’s hard to believe there were that many vehicles in transit at the end of the quarter. Unfortunately, there’s no easy way to track these metrics, but there’s a way to track Tesla’s inventory in the US, which can give us a general idea.Īt the end of last quarter, Tesla disclosed having 15 days’ worth of inventory, which has been its highest in years. In some cases, prices were cut by over 20%.ĭuring its earnings call last week, the automaker made it clear that it is monitoring new orders daily against production capacity, and it plans to continue adjusting prices in order to create the demand to match the production rate. Since the beginning of the year, Tesla has consistently reduced prices of its electric vehicles in the US to create more demand. Tesla’s (TSLA) inventory in the US has reached a new high, which is worrisome at this time in the quarter, and it is pointing to price cuts maybe not working as well as the automaker intended.
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