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#SEARCH TESLA INVENTORY NATIONWIDE MOD#
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EV customers on wait lists with uncertain timelines may want to consider snapping up a Tesla instead, he said.Read This First! There is no AskCarSales Discord, Reddit Chat, Facebook page or otherwise. With more changes coming to the EV tax credits later this year, Edmunds analyst Ivan Drury advises interested Tesla buyers to act now, lest the deals dry up. The price cuts also allow Tesla's vehicles to qualify for an additional $7,500 tax credit on new EVs as part of the Biden administration's Inflation Reduction Act, another draw for shoppers. No longer priced as luxury vehicles, Tesla's cars will now compete with EVs marketed to mainstream buyers.
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Analysts have worried for some time that a series of discounts and moves like selling into rental fleets were early signs of over-building at Tesla, an age-old struggle in the automotive industry. The early surge in interest also shows Tesla's pricing war may pay off as the electric car company grapples with its first real drop in demand. Tesla's price cuts also come at a time when shoppers are still struggling to find good deals on new vehicles, making discounts like Tesla's all the more appealing, Caldwell wrote. Account icon An icon in the shape of a person's head and shoulders.
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