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Tesla faces record growth in US demand after price cuts.

Published: 2023-01-18

In January, Tesla decided to drastically reduce the price of its electric vehicles in the US, resulting in some models being up to 30% more affordable with government subsidies for their purchase that went into effect this year. According to informed sources, this provoked a record increase in demand for cars of this brand throughout North America.

Many Tesla dealerships on the continent have updated historical sales records in just a week, and quotas for the production of cars on order will soon be fully selected. This means that customers will have to wait longer for the ordered car, since Tesla is unlikely to import electric vehicles assembled outside the United States into North America.

Tesla competitors in the Chinese market have also started offering discounts on electric vehicles. For example, prices for cars of the XPeng and Seres brands were reduced. The Chinese market is the largest in the world, so the company pays special attention to maintaining its position in this country. Last year, about half of the electric vehicles produced by Tesla were assembled in China, but at the same time, the company's Shanghai plant is the largest exporter of electric vehicles of this brand.