Tesla’s cheaper vehicles aren’t helping its declining sales | TechCrunch
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Tesla’s cheaper vehicles aren’t helping its declining sales | TechCrunch
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This page reports that Tesla's cheaper vehicle launches are failing to boost its declining sales significantly. After promoting affordable models for over a year, Tesla released stripped-down versions of the Model Y and Model 3 starting at $39,990 and $36,990 in October. However, Q1 2026 results show these vehicles haven't moved the needle much. Tesla delivered 358,023 EVs globally in the first quarter, below analyst expectations of around 368,000. The company produced 408,386 vehicles but delivered far fewer, indicating weak demand. Q1 2026 deliveries increased only 6% compared to Q1 2025, Tesla's worst quarter in years, suggesting minimal real improvement.
