Sales had fallen: Tesla cut prices in Europe, the USA and China

Tesla, the world's most well-known electric manufacturer, produced 433 thousand 371 vehicles in the first quarter.

While the number of vehicles delivered by Tesla in the first quarter of this year was 386 thousand 810, this number was well below the market expectations of around 450 thousand. In the same period last year, 422 thousand 875 vehicles were delivered.

Thus, the number of vehicles delivered by Tesla decreased by 8,5 percent for the first time since 2020.

Discount decision from Tesla

Tesla has cut prices in its major markets, including the US, Europe and China, due to a decline in sales and overstocking.

Tesla reduced the starting price of the renewed Model 3 in China by 14 thousand yuan ($1.930) to 231 thousand 900 yuan ($32 thousand).

In Germany, the company reduced the price of the rear-wheel drive Model 3 from 42 thousand 990 euros to 40 thousand 990 euros.

Tesla decided to reduce the prices of Model Y, Model X and Model S vehicles by 2 thousand dollars in the USA on Friday.