What's Going On With Tesla Stock Friday? - Tesla (NASDAQ:TSLA)
Tesla targets weaker demand with a Model 3 priced from €37,970, amid a 48.5% drop in monthly European registrations, as competition from BYD grows.
- On Friday, Tesla Inc launched a lower-priced Model 3 Standard in Europe, months after its October U.S. debut.
- Slumping monthly numbers and rising rival momentum forced action as European registrations fell 29.6% to 180,688 and October dropped 48.5% to 6,964, while BYD Co. Ltd. gained ground.
- Tesla's European price list shows the Model 3 Standard at 37,970 euros in Germany, 330,056 Norwegian crowns and 449,990 Swedish crowns, compared with the U.S. price of $36,990.
- Tesla began staging free supervised Full Self-Driving ride-alongs across Europe as it prepares to roll out the technology next year, with RDW backing a February 2026 launch timeline.
- Rival momentum and country-specific slumps signalled broader challenges as BYD Co. Ltd. gained ground, the slump hit Austria, Finland, Spain and China, and TSLA shares rose 0.20% at $455.43 Friday.
11 Articles
11 Articles
Tesla expands Model 3 lineup in Europe with most affordable variant yet
Tesla has introduced a lower-priced Model 3 variant in Europe, expanding the lineup just two months after the vehicle’s U.S. debut. The Model 3 Standard still delivers more than 300 miles (480 km) of range, potentially making it an attractive option for budget-conscious buyers. Tesla’s pricing strategy The Model 3 Standard arrives as Tesla contends with declining registrations in several countries across Europe, where sales have not fully offset…
What's Going On With Tesla Stock Friday? - Tesla (NASDAQ:TSLA)
Tesla Inc (NASDAQ:TSLA) is stepping up its fight for European buyers with a new, lower-priced Model 3, rolling out the refreshed variant months after its U.S. debut. The electric-vehicle maker says the new Model 3 Standard targets customers whose demand has weakened in recent quarters and aims to reinvigorate sales. The European rollout follows Tesla’s October launch of a lower-priced Model Y crossover in the region and comes as the company trie…
Tesla rolls out affordable Model 3 in Europe to counter sliding sales
Tesla has brought a more affordable Model 3 sedan to European markets as the company tries to reverse falling sales numbers tied to public criticism of Elon Musk’s political involvement and softening interest in electric cars. European buyers can now purchase the Model 3 Standard for €37,970 (£33,166) in Germany. Norwegian customers will pay 330,056 kroner (£24,473), while Swedish shoppers face a price tag of 449,990 kronor (£35,859). This intro…
Tesla has launched in Europe the low-cost Model 3 offensive, a new, more affordable variant that comes at a delicate time for the manufacturer: demand is getting cold, competition is skyrocketing and Chinese electrics are pushing prices down. With an output price of 37,970 euros in Germany and deliveries planned for the first quarter of 2026, the movement seeks to reactivate sales without giving up one of its main commercial arguments: an autono…
The European market is no longer Tesla's playground The Chinese invasion has shaken European car manufacturers, but even more so Tesla, which led the automotive industry into the electric revolution. Are we witnessing a historical moment in which "the revolution eats its children"? Tesla officially launched a new, more affordable version of the Model 3 Standard in Europe today, which will cost 37,970 euros in the base version, just a…
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