|
Tesla also said its Supercharger quick-charging service will no
longer be free to new customers of its Model S sedans and Model
X sport utility vehicles (SUVs).
Auto retail sales in the United States likely halved in April
from a year earlier, showed data from J.D. Power. However, sales
in May are likely to improve due to pent-up demand and
incentives offered by most carmakers, the analytics firm said.
Automakers including General Motors Co <GM.N>, Ford Motor Co <F.N>
and Fiat Chrysler Automobiles NV <FCHA.MI> <FCAU.N>, are
offering 0% financing rates and deferred payment options for new
purchases.
Factories in the United States started to reopen earlier this
month with suppliers gearing up to support an auto industry
employing nearly 1 million people.
Tesla was briefly forced to stop work at its Fremont,
California, factory due to stay-at-home orders. It resumed
production after resolving a dispute over safety measures with
local authorities.
On Wednesday, Tesla website's showed the starting price for its
Model S sedan is now $74,990, down from $79,990.
Its Model X SUVs are now priced at $79,990, from $84,990, and
the lowest-priced Model 3 sedan is $2,000 cheaper at $37,990.
Tesla said it will also cut prices in China - as per usual after
price adjustments in the United States - by around 4% for the
Model X and Model S.
Tesla China, which is delivering Model 3 sedans from its
Shanghai factory, in a Weibo post said it has also cut prices
for the Model S and Model X cars it imports, but will keep
prices of locally made Model 3 cars unchanged.
(Reporting by Yilei Sun and Brenda Goh; Editing by Tom Hogue and
Christopher Cushing)
[© 2020 Thomson Reuters. All rights
reserved.] Copyright 2020 Reuters. All rights reserved. This material may not be published,
broadcast, rewritten or redistributed.
Thompson Reuters is solely responsible for this content.
|
|
