Tesla warns of Model Y price increase as new end-of-quarter incentive

Tesla-Model-Y-prices-march-2024.jpg?qual

Tesla has announced that it will increase Model Y prices by $1,000 on April 1st, as a new end-of-quarter incentive. Tesla has been knowing to use “end-of-quarter incentives” to try to deliver as many vehicles as possible off of its inventory before the quarter ends. The automaker is incentivized to do so due to its direct-to-consumer approach, which differs from the franchise dealer model employed by most other automakers.

Brought to you by: EV Driven

Tesla-Model-Y-prices-march-2024.jpg?qual

Tesla has announced that it will increase Model Y prices by $1,000 on April 1st, as a new end-of-quarter incentive. Tesla has been knowing to use “end-of-quarter incentives” to try to deliver as many vehicles as possible off of its inventory before the quarter ends. The automaker is incentivized to do so due to its direct-to-consumer approach, which differs from the franchise dealer model employed by most other automakers.

Brought to you by: EV Driven

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