The U.S. electric vehicle tax credit is about to expire on September 30, which has also prompted American consumers to hurry up and order electric vehicles before the end of subsidies.Tesla demand soared as a result. Currently, Tesla's Model Y inventory is reporting rapid decline in many regions in the United States. Analysts expect the third quarter could be Tesla's best quarter in recent years in terms of deliveries.
Due to the increasing demand for Model Y, Tesla is considering raising the price of this electric car and further increasing production.
Raj Jegannathan, vice president and head of North American sales at Tesla, said,Tesla is working hard to increase output, but pricing may still be adjusted in the next few days. The company does not hope to raise prices, but the specific decision still depends on subsequent developments.
The price increase may help Tesla's profit margins, but the company's idea of adjusting prices will not be popular with potential car buyers, and it may also prompt some buyers to place orders in advance to avoid new higher prices.
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Although the tax credit is about to expire, the IRS has relaxed its policy and said that if consumers sign a legally binding contract and make a small down payment before September 30, they can still enjoy the tax credit even if the vehicle is delivered after that date.
Previously, the imminent end of tax credits has pushed forward the demand for electric vehicles from a large number of American consumers to the third quarter, and this urgency is believed to deplete the electric vehicle inventory of a large number of automakers and dealers.
This IRS change will undoubtedly provide automakers with more delivery time, but it may also cause problems similar to Tesla's price increases.
on the other hand,Automakers may also use this pre-order model to develop new sales strategies, such as putting unreleased electric vehicles on pre-order lists to obtain tax credits for new products. But the idea is quite risky.
Overall, electric vehicle deliveries in the U.S. market are expected to rebound significantly during the remainder of this year, which is a big plus for Tesla and other electric vehicle manufacturers.