Following a record decline in vehicle deliveries in the first quarter of this year, Tesla Inc has announced cheaper variants of several models, effectively offering consumers a discount.
According to an official statement by the US EV giant, it will be reintroducing standard variants of the Model S and Model X that will feature shorter driving ranges than other versions. Also new are redesigned drivetrains on more expensive variants of the cars, allowing buyers to get “more range out of every dollar spent on charging,’’ the company said.
Tesla will be reintroducing standard variants of the Model S and Model X that will feature shorter driving ranges than other versions.
These changes come in light of the company CEO Elon Musk’s struggles to accelerate sales and bring his cars to markets worldwide. Deliveries dropped last quarter by almost 30,000 cars from the preceding period as the U.S. shrank tax incentives and amid delays in shipments to consumers in Europe and China.
Since April 3, when the automaker reported the delivery decline, Tesla shares have fallen 10 per cent. The company scheduled to report quarterly earnings after the US market close Wednesday.
Since April 3, when the automaker reported the delivery decline, Tesla shares have fallen 10 per cent.
In the past couple of months, Tesla CEO Elon Musk’s social media has been a pit of controversies. However, after a recent interview with an MIT researcher, it could be said that it’s not just his social media. During the interview, Musk claimed “game, set and match” for Tesla in the race to reach self-driving cars and “I could be wrong, but it appears to be the case that Tesla is vastly ahead of everyone.” There is a good chance that he is wrong.
A research conducted by Radio Free Mobile (RFM) found out that in a lot of cases, miles driven can be an indicator of success in autonomous driving. But this could have special exclusions too. For instance, the best two players in the autonomous scene, Waymo and Cruise have driven more than anyone else, but at the same time, Apple, having more miles covered was only slightly better than Uber, which is positioned at the bottom of the list for obvious reasons. Furthermore, the American EV giant has refused to share any data since 2017 putting a giant question mark on its credibility.