The often-and repeatedly delayed Cybertruck will arrive in time for the holidays.
or roughly 30,000 units compared to Q2, but still significantly higher year over year, up ~100,000 units, over 2022. The EV automaker has slashed the prices on its vehicles repeatedly this year,
The Model X, for example, began 2023 retailing for $120,990 — it currently lists for $79,990. The models S , Y and 3 have all seen similar price drops. In all, Tesla reports its cost of goods sold per vehicle decreased to ~$37,500 in Q3. Musk had previously explained his willingness to drop prices and endure reduced margins if it translates to increased sales volume. “I think it does make sense to sacrifice margins in favor of making more vehicles,” he
“A sequential decline in volumes was caused by planned downtimes for factory upgrades, as discussed on the most recent earnings call. Our 2023 volume target of around 1.8 million vehicles remains unchanged,” TeslaThe company continues to increase its investments in AI development as well, having"more than doubled" the amount of processing power it dedicates to training its vehicular and Optimus robot AI systems, compared to Q2.
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