In fact, it must be said that the price reductions practiced by Tesla are by no means trivial. The seven-seat Model Y is a whopping $13.000 less than before the discount in the United States. Some of these costs have been absorbed elsewhere; the price for Tesla's Full Self Driving package (which remains in beta, and targeted by federal investigations) has risen to $15.000. Those who have been directly affected by the sudden increase have begun to ask, in some way, for real consideration, perhaps to be paid in the form of free upgrades or other incentives. Some have suggested customers try to take advantage of Tesla's proposed return policy, but that option has been quietly discontinued as early as 2020.
Tesla has brought prices back in line with those of previous years
Like many other automakers, Tesla has announced several price hikes with rising inflation levels in 2021 and 2022. The discounts available on the models proposed this year, i.e. in this 2023, have in practice the task of bringing prices back in line with what they were before the first of the two significant price increases of 2022 was announced in March.
Price cuts also have the potential to drive down the value of used Teslas. With more car buyers taking out larger, longer-term loans, that could also be taking its toll some problems for some Tesla owners about their loans.
At the same time, Tesla rolled out a series of price cuts last week in China, which prompted a similar reaction: Users who bought Tesla-branded cars recently joined in some protests in showrooms and they asked for further price reductions.