Tesla’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.
Source : Reuters
If frontier AI models can be used to develop their next models, this may lead…
Lithium, cobalt, nickel, copper, and rare earth elements are reshaping global trade and great-power politics…
Discussions on Japan’s ‘lost decades’ have long focused on sluggish demand and the survival of…
Predictions of the effects of AI on the economy and society tend to focus on…
Employment polarisation – the decline of middle-skill routine occupations relative to both ends of the…
Since 2010, a growing proportion of doctoral graduates have been taking jobs outside academia. This…