Monitoring Desk
ISLAMABAD/TEXAS: Electric vehicle maker Tesla Inc. has sold out its Model Y for this quarter in the United States, with no more production builds until April, Electrek has said, citing sources familiar with the matter.
According to Reuters, the expected delivery date for the fully electric, mid-sized sports utility vehicle (SUV) to U.S. customers is now April-June 2023, the carmaker’s website showed, while the delivery schedule for Model S is February- March.
This comes after Tesla cut prices internationally in January by as much as 20 percent, with the Model Y priced at 52,990 dollars down from 65,990 dollars in the United States, according to Reuters calculations.
Tesla CEO
Chief Executive Officer Elon Musk has said the vehicle orders were roughly double the company’s output in January after the first round of price cuts and Tesla’s aggressive price cuts have ignited demand for its electric vehicles.
But in February, the automaker has raised the prices of its best-selling cars by $1000.
Tesla didn’t respond to a Reuters request for comment.
The previous month, Tesla also pushed back the expected delivery of its basic Model Y to customers in Germany to February-March.
