Recent price cuts Tesla Inc. TSLA said it was a “warning” to companies competing in the electric vehicle space. fabrice cambolevCEO Renault.
what happened: Cambolive said Tesla’s price cut would force the group to scrutinize its own global pricing policy, Reuters reported.
“We analyze country by country, market by market, the level of competitiveness needed to stay competitive,” Cambolive said.
renault electric Glasses It currently costs about as much as a Tesla model 3The Tesla Sedan costs €41,990 ($45,966) in France after Tesla cut prices, while the Megane Electric costs €42,000 ($45,977).
“It’s clear that Tesla’s price cut is a challenge, and we’ll start on the cost side. That’s the warning we’re seeing,” Renault’s chief executive said.
Important reasons: According to Cambolive, electric Megane sales surged in March on strong orders despite a very restrictive discount policy, Reuters reports.
According to the report, Renault’s global sales reached 354,545 units in the first quarter of this year.
Renault reportedly has plans to spin off its EV division and hit the market this year.
In April, Tesla slashed the price of two Model 3 variants by $1,000. At the time, it was reported that these price cuts could cause headaches for both the company’s traditional and EV rivals.
In early January, Tesla CEO Elon Musk He said the price cuts could trigger a wave of demand that could reach 2 million units by 2023, barring external disruption.
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