Some companies just keep on
chugging with determination even in the face of a normally world-halting crisis
such as the COVID-19 pandemic. One of these companies is electronic car-maker
Tesla, who reportedly managed to do record delivery numbers for its selection
of e-vehicles in the second quarter of 2020, or COVID quarantine central. One
of their hit products is the Model Y, their latest compact crossover utility
vehicle first previewed in March of last year. A near-contemporary of the Model
3 sedan, Model Y production began this past January and deliveries initiated in
March. Sales were so good that Tesla is already slashing its prices.
The Verge tells us that Tesla is shaving $3,000 of its purchase
price for the Model Y CUV as of this previous weekend. It comes on the heels of
the cross-model price cut that the hit automaker announced back in May for all
its other e-cars. Three grand is a bit more than what was shaved off the Model
3 ($2,000) and less than what was lowered for the older products that are the
Model S and Model X. Now the tag price for a Model Y is around $49,990,
baseline without any additional frills.
The good fortune for Tesla flies
somewhat against the general trend of other car manufacturers being hit bad by
lower sales brought about by COVID-19, which has been projected to be about 22%
on average at the worldwide market. Thus the deliveries of e-cars can be
considered a feat especially as the big factory in Fremont, California was
temporarily shut down after a number of its personnel tested positive for the
rapidly-spreading virus. Nevertheless, as a July 2 statement from the company
reports, Tesla Inc. successfully delivered some 80,050 combined Model 3 and
Model Y units during the lockdown period.
Added to that the 10,600 units of
Tesla Model S and X’s within the same timeframe, and the company had a total
delivery quota of 90,650 for all of its currently-available electronic
vehicles. This more than meets the estimate by Wall Street that Tesla could at
best deliver 72,000 units at optimum. Now, with the Model Y CUV $3,000 more
affordable than during its introduction, the sales and deliveries are likely to
keep on going.
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