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As Model S and X are produced primarily in California, current tariffs could be incentivizing Tesla to hold back or adjust their sales. The ongoing geopolitical and trade tensions between the US and China add to the uncertainty. Tesla still has some inventory of the Model S and X in China, and this might be a strategic move influenced by tariff considerations, market demand, or the impending refresh.
Tesla's New, More Affordable Cybertruck: A Mixed Reception
In a surprising twist, Tesla has introduced a cheaper variant of its heavily anticipated Cybertruck. Priced at $62,500 after accounting for the $7,500 federal tax credit, this new trim aims to make the electric pickup more accessible and to boost sales volumes. Deliveries are expected to begin around June or July.