Tesla is making a lot of Model Y, that’s why they are lowering the price

It may seem so Tesla is facing a complex situation, and some signs point to the possibility of overproduction of cars. This assumption is supported by the recent discounts offered on the Tesla Model Y in Europe which may indicate an attempt to liquidate excess inventory.

Some industry analysts have raised concerns about the difference between the number of cars Tesla builds and those sold in the quarter, suggesting that Q1 2024 deliveries may have been driven by supply rather than actual demand. This is supported by a reduction in revenue and profit estimates by some analysts, who expect a record increase in finished goods inventories.

To make a long story short, and at the same time go into detail, it seems so Tesla Model Y It’s aging fast, and could use an update, especially considering that, despite the price cut, it’s still an expensive car. This also raises the inevitable question of whether the Cybertruck was a better option to invest in 2024 instead of rushing the long-term update process for the Model Y. Currently, the Model Y facelift is known as “Project Juniper”.

However, Tesla has been very secretive about this project. At the moment it seems that the priority of Elon Musk and his partners is to accelerate as much as possible the development of another great innovation that is preparing to appear in the world of Tesla, that is. Next example 2, which is touted as a more affordable alternative to the Model Y (currently the company’s entry-level California model). For this reason, we told you that, according to other sources within Tesla, this extraordinary project of Juniper will not be expected this year, but next year, contrary to what, at first, appeared.

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