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Tesla (TSLA) is giving a $3,750 discount, which it is calling a “price adjustment”, for every Model 3 and Model Y vehicle delivered in the US in December.

The move appears to be to encourage people to take delivery right now rather than wait for the tax credit to take effect in 2023.

Yesterday, we reported that Tesla is seeing some level of cancellation in the US right now for two main reasons:

  • Long wait times are leading to some customers’ situations changing between the time they place their order and the actual delivery – resulting in cancellation. That’s quite frequent.
  • In a more special situation, Tesla is also dealing with some customers looking to push their deliveries into next year to take advantage of the upcoming new EV tax credit. As we previously reported, Tesla is not as accommodating as other automakers when it comes to the new EV tax credit, and it is holding its customers to their order contracts – again resulting in cancellations.

We also noted that while there are signs of demand issues leading to Tesla not matching vehicles to buyers at the end of the quarter, it shouldn’t be a massive problem unless we see Tesla reduce the price of its vehicles.

Today, Electrek learned from sources familiar with the matter that it is offering “a $3,750 credit” for every customer taking delivery of a Model 3 or Model Y vehicle in the US in December.

Tesla communicated to its sales staff that the offer is temporary only for customers taking delivery this month.

This amount happens to be half of the $7,500 tax credit that is going to go into effect next month. Some automakers anticipate their electric vehicles to only be eligible for half the tax credit due to battery material and assembly origin requirements.

Tesla appears to be encouraging people to take delivery this month rather than wait for the tax credit in order not to be sitting on a lot of unsold inventory at the end of the quarter.

This is an unusual move for Tesla. CEO Elon Musk has often stated that Tesla “doesn’t offer discounts” and that its policy is to have consistent and transparent pricing across all markets.

Electrek’s Take

Well, I said not to worry about demand until Tesla starts to offer discounts. Here it is.

But again, I wouldn’t worry too much about it since it’s clearly due to special circumstances with the tax credit coming into effect.

Everything points to demand coming back in a big way next month when the tax credit comes into effect.

What do you think? Let us know in the comment section below.

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Battery powered trailer boost range, efficiency — now for $120,000 less

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Battery powered trailer boost range, efficiency — now for 0,000 less

The RA electric trailer from Range Energy promises to turn your diesel truck into a hybrid or extend the range of your electric semi – and now it qualifies for a $120,000 voucher in California.

California’s Clean Off-Road Equipment (CORE) Voucher Project aims to make it easier for commercial fleets to decarbonize. Last July, Range became the first trailer electrification platform to be accepted into CORE with an $80,000 rebate.

This year, Range Energy bumped its largest battery offering to 300 kWh. The state, in turn, showed its confidence in the electric trailer concept by bumping that rebate a full 50%.

“Becoming eligible for CORE proved that trailers truly matter in the transition to electric, and that CARB recognizes the meaningful impact electric-powered trailers can have on reducing the emissions of the commercial trucking sector,” said Ali Javidan, founder and CEO of Range. “Increasing our trailer platform’s incentive value by $40,000 further solidifies that position and makes Range a realistic near-term solution for fleet owners and operators.”

The company claims the Range Energy electric trailers can double a trucks’ fuel economy and slash its NOx emissions by as much as 67%. When we last covered Range, its electric trailer system had just undergone independent testing that found a 36% real-world improvement on a 25-mile urban/high loop at 60 mph top speeds with a 59,000 lb. gross vehicle weight (well below the 80,000 lb. maximum).

Electrek’s Take

Image via Range Energy.

It’s great to see concepts like this electric trailer come into play with some government dollars behind them. If they work (and if their weight penalties don’t hurt shippers’ profit margins), they’ll make it real easy for truck fleets to dip their toes into the waters of electrification while hydrogen and batteries battle it out for ultimate supremacy.

I’m betting batteries, for what it’s worth – but Range Energy customers will be able to put their electric trailers to work behind either!

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Quick Charge Podcast: February 26, 2024

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Quick Charge Podcast: February 26, 2024

Listen to a recap of the top stories of the day from Electrek. Quick Charge is available now on Apple PodcastsSpotifyTuneIn and our RSS feed for Overcast and other podcast players.

New episodes of Quick Charge are recorded Monday through Thursday and again on Saturday. Subscribe to our podcast in Apple Podcast or your favorite podcast player to guarantee new episodes are delivered as soon as they’re available.

Stories we discuss in this episode (with links):

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Drop us a line at tips@electrek.co. You can also rate us in Apple Podcasts or recommend us in Overcast to help more people discover the show!

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You won’t believe who bought almost $1 million worth of Tesla Roadsters

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You won't believe who bought almost  million worth of Tesla Roadsters

In a surprising turn of events, we now learn that billionaire Dan O’Dowd bought the 3 Tesla Roadsters that were lost in a Chinese port for over a decade.

Last year, we reported on a strange story of three brand-new Tesla Roadsters that were found inside a shipping container in China.

It appears that a Chinese company bought the Roadster back in 2011 with the hope of reverse-engineering them. However, the shipment was blocked by customs in China and the vehicles never made it to the company.

Last year, someone finally was able to get them and ship them to the US.

Tesla ever only produced just over 2,000 original Roadsters between 2008 and 2011, making them rare in the first place.

On top of the usual unit you lose to accidents and time, Roadsters had a few bad luck incidents, including losing dozens of units to two separate fires at Gruber Motors, which specializes in fixing first-generation Tesla Roadsters.

It makes the remaining ones more valuable, and ironically, Gruber was leading the auction for the lost Roadsters.

At one point, the company claimed that the three Roadsters together would go for over $1 million.

Almost a year later, we now know who bought them.

Dan of the popular YouTube channel What’s Inside got an exclusive look at the Roadsters – giving us a great look at this little piece of EV history:

Dan revealed Dan O’Dowd, the billionaire founder of Green Hills Software, is the new owner of the Roadster.

To Tesla fans, O’Dowd is better known as the guy running the Dawn Project, which is basically a campaign against Tesla’s Full Self-Driving effort.

It could be surprising, considering how consistently O’Dowd has been attacking Tesla and Elon Musk, but he is apparently a fan of Tesla vehicles other than its Autopilot and FSD Beta, which the Roadster is not equipped with anyway.

He already owns a couple of Roadsters, according to What’s Inside’s video.

Now, if you are familiar with What’s Inside, you know that they tend to cut through things to find out what’s inside them, but obviously, Dan won’t be doing that with these Roadsters. The video is still a great look at what could be some of the best-preserved Roadsters on the planet.

Also, we now learn how much O’Dowd paid for the Roadsters.

Carl Medlock of Medlock and Sons, an independent Tesla repair shop, helped O’Dowd in the purchase and confirmed that the billionaire paid $800,000 for the three Roadsters.

That’s well below the up to $2 million offers that Gruber teased. In fact, Medlock claims that the only other big serious offer was for $500,000.

Regardless, at an average of over $250,000 per Roadster, it makes them some of the most valuable Roadsters to date.

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