Schizophrenia Affects Tesla Model Y, Leading to Price Cuts

The day after a €2,000 price increase of its tariffs, the Tesla Model Y is already making a €2,000 adjustment to its stock prices.

“If you move forward and I move back, how do you expect me to…” Or how can I find my bearings. The day after March 22, 2024, when Tesla implemented its threat to raise the prices of its Model Y range by €2,000, the American manufacturer is already taking the opposite route.

Thus, it is already apparent that the Tesla models available in stock benefit from a “price readjustment” of €2,000. In the end, while the catalog price before eco-friendly bonuses had risen to €44,990, the readjustment brings the entry ticket down to €38,990 after government aid is applied.

The Customer is Lost

A sense of uncertainty emerges from this situation where the manufacturer unilaterally decides on a price increase, before local retailers absorb the consequences by reducing their margins. This also causes side effects among customers, who no longer know which way to turn.

One day prices go up, the next day they go down. Is there a pilot in the plane? Distrust is a real threat, while the used car market also continues to fluctuate.

In China, Tesla has also announced two things: an increase in its tariffs and a deliberate slowdown of its activity, with layoffs in tow. While the typical trend of electric cars is falling prices, Tesla is increasing its own. Go figure…

Meanwhile, financial markets are confused, and Tesla’s stock continues to decline: -30.84% over the last six months.

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