Tesla Drops Model Y Standard Range AWD From Website: Focus Shift Or Production Strategy?
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) has stopped taking orders for its Model Y standard range all-wheel-drive SUVs. The company's website now only shows the Model Y Long Range and Performance editions. The reasons for the change are not clear, but some speculate that the company may be channeling the 4680 battery cells used in the vehicle for cybertruck production or differentiating the price points of the Model 3 and the Model Y.
September 15, 2023 | 5:54 am
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Tesla discontinuing orders for its Model Y standard range AWD could impact its sales and revenue. The reasons behind this move are unclear, leading to potential uncertainty among investors.
Tesla's decision to stop taking orders for a specific model could lead to a decrease in sales and revenue, which could negatively impact the stock price. The lack of clear reasons for this move could also create uncertainty among investors, potentially leading to a decrease in the stock price.
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