Investing
Tesla Models S, X unavailable in some Asia-Pacific countries, website shows
© Reuters. FILE PHOTO: A Tesla Model X car (front) and Model S (2nd L) are photographed at a Tesla electric car dealership in Sydney, Australia, May 31, 2017. REUTERS/Jason Reed
(Reuters) – Tesla (NASDAQ:)’s Model S and Model X were not available for order in some Asia-Pacific countries, including Australia, Thailand, Singapore and New Zealand, the automaker’s website showed on Sunday.
Other Tesla Inc models, such as Model 3 and Model Y were available in these countries, according to the website.
It was not immediately clear why these models were not available. Tesla did not immediately respond to a request for comment.
Elon Musk’s electric vehicle maker posted record deliveries in the January-March quarter, but deliveries of higher-priced Model X and Model S vehicles slumped by 38%.
Tesla has been aggressively cutting prices for some of its models this year across markets to juice demand as competition among electric-vehicle makers heats up around the world.
Investors have been watching Musk’s gamble that cutting prices would stimulate sales, although they worry about eroding margins.
Read the full article here
Zillow: These Are the Top 10 Hottest Housing Markets of 2025
Former Zillow Execs Target $1.3T Market
Automate Applications and Supercharge Your Job Hunt for $39
All the PDF Tools You Need in One Easy-to-Use App
Bank regulator gives BlackRock new deadline on bank stakes, Bloomberg reports By Reuters
5 Things That Could Significantly Impact Your Company in 2025
NFI Group surge after board reshaped with new appointments, chairperson By Investing.com
Microsoft Is About to Begin Job Cuts. Here’s Why.
10 Critical Questions to Ask Your Financial Advisor Now
10 Ways to Make Money As a Graphic Designer
Debt ceiling debate and its effect on the U.S. dollar
Debt ceiling default: Still no deal between parties
Stovall: If the U.S. defaults on its debt, all S&P 500 sectors will likely fall
What China's weaker-than-expected economy could mean for U.S. markets
A ‘Big Short’ investor sees financial disaster brewing in housing markets — again
-
Side Hustles7 days ago5 Things That Could Significantly Impact Your Company in 2025
-
Investing7 days agoNFI Group surge after board reshaped with new appointments, chairperson By Investing.com
-
Side Hustles5 days agoMicrosoft Is About to Begin Job Cuts. Here’s Why.
-
Make Money4 days ago10 Critical Questions to Ask Your Financial Advisor Now
-
Make Money3 days ago10 Ways to Make Money As a Graphic Designer
-
Passive Income6 days ago3 Challenges Entrepreneurs Will Face in 2025
-
Side Hustles6 days agoThe Canadian Media Lawsuit That Could Reshape Tech’s Future
-
Investing5 days agoWhat CMOs Need to Know About AI Adoption in Marketing Teams