this post was submitted on 08 Oct 2025
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Tesla has unveiled cheaper models of two of its most popular cars in the US as it tries to boost sales on the heels of the expiration of a key US tax credit.

But the carmaker's shares tumbled about 4% as investors were underwhelmed by the announcement. In the US, the new versions of its Model Y mid-sized sport utility vehicle and Model 3 sedan are priced only $5,000 less than previous versions.

Tesla, which faces growing competition, has lost ground as it has been slow to offer new, more affordable vehicles, despite its release of a new Model Y version this year.

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[–] MushuChupacabra@lemmy.world 32 points 3 days ago

All of their models seem to pull to the Reich.

[–] NateNate60@lemmy.world 20 points 3 days ago
[–] Taleya@aussie.zone 8 points 3 days ago

Well that and other models keep barbecuing people

[–] lIlIlIlIlIlIl@lemmy.world 15 points 3 days ago
[–] CharlesDarwin@lemmy.world 5 points 2 days ago (1 children)

I'm wondering what will happen once the effect of no subsidies kicks in.

[–] Denalduh@lemmy.world 3 points 2 days ago

We'll probably see either this coming quarter or the next now that the federal tax credit has been axed.