Tesla CEO Elon Musk Scraps Two-Week Program To Sell EVs Via Costco in Taiwan (Updated)
Portfolio Pulse from Anan Ashraf
Tesla Inc (NASDAQ:TSLA) is partnering with Costco to sell its electric vehicles in Taiwan from Aug. 5 to Aug. 18. The first 50 buyers will receive 5,000 km of free supercharger miles and a type 2 charger case for travel. This initiative aims to boost Tesla's sales in Taiwan, where it offers models like the Model 3 and Model Y.
August 06, 2024 | 11:28 am
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Tesla's partnership with Costco in Taiwan could boost short-term sales by offering incentives like free supercharger miles and a type 2 charger case to the first 50 buyers.
The partnership with Costco provides Tesla with a new sales channel and attractive incentives for early buyers, likely increasing short-term sales in Taiwan. This could positively impact Tesla's stock price in the short term.
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