Not only was Giga Shanghai paused longer than expected in January, but Tesla also chose to accommodate Labor Day with a five-day production halt. Still, 2023 is different than the years before. Usually, Tesla doesn't stop production for anything, including Christmas in the US. We've also seen this for the Chinese New Year at the end of January when Tesla halted Giga Shanghai production for a tad longer than the holidays. Industry insiders confirmed that Tesla is pausing Giga Shanghai production for five days between April 29 and May 3. This indicates that Tesla throttled Giga Shanghai and Fremont to accommodate the production ramp at Berlin and Austin. Despite Giga Texas and Giga Berlin announcing new production milestones, Tesla production numbers have remained at the same level as in Q4 2022. We've already had indications of this happening in the first quarter. It was only a matter of time before Tesla would have to take more drastic measures, like slashing production. Tesla's inventory is again at an all-time high, despite its efforts to make the cars more affordable. Tesla would rather sell its EVs at cost than lose production volumes.īut we've also seen that price cuts don't appear to work. The EV maker and its CEO, Elon Musk, indicated there's no bottom to that. This led to some of the deepest price cuts the automotive industry has seen since the Henry Ford era. Since then, people kept talking about demand, inventories, and advertising. But starting in Q3 2022, Tesla discovered inventories were building up, and demand was suddenly an issue. This is something that few people expected just half a year ago when Tesla was hiking prices like there was no tomorrow. As Tesla opened more gigafactories and production was no longer an issue, the EV maker found it hard to keep those production lines going when the demand essentially plateaued. Those were the days, but they're not coming back soon. At some time in 2022, the backlog was so high that Tesla decided to stop taking orders on some models because delivery estimates surpassed a year of waiting. Instead, Tesla sells its cars through its website, where customers can either order them or configure their own.For years, Tesla has been struggling to ramp up production to fill all those orders it was getting. Tesla is an online-only dealership, which means that it doesn't sell cars in a traditional manner, with customers coming in to look at and test-drive the cars. Whereas online-only dealerships do not have a physical showroom. Showroom dealerships sometimes have an online presence, but always have a physical dealership. There are two types of car dealerships: showroom and online-only. Related: 10 Electric Cars That'll Bankrupt You Through Maintenance And Repairs What Is Tesla's Hidden Inventory? By doing this, you can order a Tesla without having to wait and possibly even at a bargain.
#Tesla inventory how to
In this article, we will explain how to access Tesla's 'hidden' inventory. Have you ever wanted to get a Tesla, but the timing was off and none of your choices were available? Have you ever fantasized about getting behind the wheel of a Model S, but the price tag on even the base model was more than you could afford? If so, then this is the article for you.
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