Price increase of the Tesla Model Y: a gift for the Renault Scenic?

By crossing above the 40,000 euro mark, the Tesla Model Y paves the way for the Renault Scenic and exposes itself to criticism.

Is it the ultimate expression of arrogance or, conversely, of defeat? It’s hard to be assertive with Tesla as the game consists of obscuring the tracks. Since the announcement of the price increase, Tesla’s stock on the New York Stock Exchange has rebounded after a drop of -34% since January 1, 2024. Should we understand that the pricing adjustment of the Model Y around the globe is a demand from financial analysts?

Tesla’s market valuation plummeted by 200 billion dollars in two and a half months, and it was necessary to contain the fire. And quickly!

Thanks to whom? Thanks Elon!

Nevertheless, as prices rise, the price of the Tesla Model Y will provide a breath of fresh air and relevance to its competitors, with the most relevant among them being the Renault Scenic.

No joke: sold from 35,990 euros after rebates, the Scenic will now have a 5,000 euro advantage over its American competitor. The latter will thus be available at the same price as the high-end, long-range version of the Renault Scenic.

The difference is that the French SUV offers, for the same price, over 100 kilometers more range. A psychological “game changer” in the minds of customers, at a time when the Model Y feels outdated. Certainly, its lead, equipment, and energy management are top-notch, but there are also ongoing technical issues.

The future will tell if the price increase of the Tesla Model Y was a good idea. Overall, the chances are slim…

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