Tesla (TSLA) pushes delivery window in Germany following price cuts

One week after slashing prices by between 4% and 12% on their Model 3 vehicles, electric vehicle maker, Tesla (NASDAQ: TSLA) has pushed delivery windows back by one month from January-March 2023 to February-April 2023.

Delivery times on the Model Y rear wheel drive, which saw the biggest price cut at 17%, had already been pushed to February to March from January to March. However, according to car comparison portal, carwow, Tesla delivery times are still far ahead of other competitors in Germany.

For example, customers ordering the Volkswagen ID.4 may have to wait 11-13 months for their cars. While waiting times on a Mercedes-Benz electric car ranged from four to nine months and up to 18 months for an Audi.

Tesla cut prices globally on the Model 3 and the Model Y last week, reversing course from the profit-over-volume strategy deployed across the industry since the pandemic of raising prices to overcome supply chain shortages.

Shares of TSLA are up 3.60% in mid-day trading on Friday.

By Michael Elkins | [email protected]

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