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Tesla Model Y Sold Out Following Massive Price Cuts
Electrek's Fred Lambert was correct one month ago when he said Tesla price cuts by up to 20% stoked "unprecedented demand" in the US. He's now reporting Model Y vehicles have sold out entirely for the US, with no more production builds until April. On Jan. 13, Tesla announced Model Y base unit would be priced at $52,990, down from $65,990 - nearly a 20% difference—the reason: for customers to take advantage of the $7,500 US government tax credit. The result? Well, success, actually huge success. Here's what Lambert said: Now sources…
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