Tesla discounts new inventory cars – now starting at $384 a month
Tesla is starting to discount new inventory vehicles, including the Model 3, which now starts at $35,000 after incentives or $384 a month for a lease.
Model X is also being discounted.
It’s fair to say that Tesla’s pricing strategy has been hard to keep up within the last year. After significant price increases throughout 2022, the automaker slashed pricing over half a dozen times in 2023.
The price changes on new orders have slowed down over the last month, but we have noted that Tesla is now creating a discrepancy between its new car order prices and new inventory vehicle prices – something that didn’t exist before.
Prior to this month, you custom build a car for order, and it would be the same price as if you find the exact same build in Tesla’s new inventory vehicles.
That changed after a $500 price increase on Model 3 and Model Y didn’t apply to new inventory vehicles earlier this month.
Now it looks like Tesla is further increasing this discrepancy on Model 3 inventory vehicles with a new discount:
Tesla appears to have applied a $1,210 discount on new inventory Model 3 vehicles in the US.
It now starts at $39,030 before incentives. With the $3,750 federal tax credit, it’s $35,280, which is about the original price that Tesla was aiming for Model 3. It also brings the lease price down to $384 a month.
As for new Model 3 orders, Tesla is maintaining the same price and deliveries by June for all versions.
Tesla is also discounting some new inventory Model X vehicles by $1,560, but it’s not across all vehicles like Model 3.
Electrek’s Take
It does seem like Tesla is trying to bring down new inventory vehicles. It makes sense since it looks like Model 3 new inventory is a year high right now (via Matt Jung):
But again, Model X is the biggest issue and only some inventory models have been discounted in my own check on the inventory website.
It might not be a bad time to buy. Prices have been stable for a bit and actually went up on Model 3 and Model Y for new orders most recently.
That said, I wouldn’t be surprised if we see some end-of-quarter buying incentive next month.
I won’t spam my referral code, but if I helped you decide to buy a Tesla vehicle or product with my writing/podcast, you can reach out to me for a referral code at fred@electrek.co. Using a referral code results in both referrer and new buyer getting a few thousand Tesla credit points, which are redeemable for Cybertruck raffle entries, Tesla accessories, free Supercharging miles, and more.
FTC: We use income earning auto affiliate links. More.
Executives from TravelCenters America (TA) and BP were joined by local elected officials at a ribbon cutting for the two companies’ first DC fast charging hub on I-95 in Jacksonville, Florida – the first of several such EV charging stations to come online.
Frequent road-trippers are no doubt familiar with TA’s red, white, and blue logo and probably think of the sites as safe, convenient stops in otherwise unfamiliar surroundings. The company hopes those positive associations will carry over as its customers continue to switch from gas to electric at a record pace in 2025 and beyond.
“Today marks a significant milestone in our journey to bring new forms of energy to our customers as we support their changing mobility needs, while leveraging the best of bp and TA,” explains Debi Boffa, CEO of TravelCenters of America. Boffa, however, was quick to – but TA is quick to point out that TA isn’ no’t leaving its ICE customers behind. “While this is significant, to our loyal customers and guests, rest assured TA will continue to provide the same safe and reliable fueling options it has offered for over 50 years, regardless of the type of fuel.”
The charging hub along the I-95 offers 12 DC fast charging ports offering up to 400kW of power for lickety-quick charging. While they’re at the TA, EV drivers can visit restrooms, shop at TA’s convenience store, or eat at fast food chains like Popeyes and Subway. Other TA centers offer wifi and pet-friendly amenities as well – making them ideal partners for BP as the two companies builds out their charging networks.
“As we expand our EV charging network in the US, I am thrilled to unveil our first of many hubs at TA locations,” offers Sujay Sharma, CEO of BP Pulse Americas. “These sites are strategically located across key highway corridors that provide our customers with en route charging when and where they need it most, while offering convenient amenities, like restaurants and restrooms.”
Electrek’s Take
As I type this, BP has more than 37,000 EV charging ports operational globally, and plans to have more than 100,000 in service by 2030. The company made headlines in 2022 when it announced that its EV chargers were “on the cusp” of being more profitable than its gas pumps. Three years on, it seems like that’s a done deal.
As ever, money talks.
SOURCE | IMAGES: BP.
FTC: We use income earning auto affiliate links. More.
The new e2500-THL and TS electric Ultra Buggies from Toro offer construction and demo crews a carrying capacity of 2500 lbs. (on the TS model), six-and-a-half foot dump height (on the THL), nearly 13 cubic ft. of capacity, and hours of quiet, fume-free operation.
Despite the second Trump administration’s loosening grip on emissions regulations, the fact remains that a growing number of municipalities in both red and blue regions of the US are continuing to clamp down on noise regulations, which means that construction crews with quiet running electric equipment will be able to get jobs that crews stubbornly holding on to diesel and gas won’t. Toro absolutely gets it, which is why its e2500-THL and TS Ultra Buggy line will be welcomed by smart crews with open arms.
For their open-mindedness, those crews will be rewarded with machines powered by 7 kWh’s worth of Toro HyperCell lithium-ion battery. That’s good enough for up to eight hours of continuous operation, according to Toro – enough for two typical working shifts.
And, thanks to the Toro Ultra Buggies’ narrow, 31.5″ width, they can easily navigate man doors on inside jobs, as well, making them ideal for indoor demolition and construction jobs. A zero-turn radius and auto-return dump mechanism that ensures the tub automatically returns to the proper resting position make things easy for the operator, too.
Toro says that each of its small (for Toro) e2500 Ultra Buggy units can replace as many as five wheelbarrows on a given job site. Pricing is expected to start at about $32,000.
Electrek’s Take
Electric equipment makes job sites cleaner, quieter, and safer than they are under diesel or gas power – and as more municipal and private sector RFPs begin to enforce ZEV requirements and quiet hours, more and more viable electric alternatives to ICE power will start to show up on more and more job sites (regardless of who is in the White House).
SOURCE | IMAGES: Toro, via Construction Equipment.
FTC: We use income earning auto affiliate links. More.
-
Sports2 years ago‘Storybook stuff’: Inside the night Bryce Harper sent the Phillies to the World Series
-
Sports10 months agoStory injured on diving stop, exits Red Sox game
-
Sports1 year agoGame 1 of WS least-watched in recorded history
-
Sports2 years agoMLB Rank 2023: Ranking baseball’s top 100 players
-
Sports3 years ago
Team Europe easily wins 4th straight Laver Cup
-
Environment2 years agoJapan and South Korea have a lot at stake in a free and open South China Sea
-
Environment2 years agoGame-changing Lectric XPedition launched as affordable electric cargo bike
-
Business2 years agoBank of England’s extraordinary response to government policy is almost unthinkable | Ed Conway