Elon Musk Reveals Giga Berlin Reduce $9000/car, Shocks European EV market 2023! Warning GM & Ford

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Elon Musk Reveals Giga Berlin Reduce $9000/car, Shocks European EV market 2023! Warning GM & Ford
Previously, if you wanted to own a Model 3, you had to pay up to $39,000. But now, you only need $30,000 to own a Model 3 in Germany. So, what's happened? Why does the price of Tesla cars decrease in Germany?
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In an economic stimulus package, the German government decided to promote electricity. The incentive to buy electric vehicles increases depending on the vehicle type, price, and condition. All Tesla models sold in Germany receive a $9000 discount on purchases.
The federal government recently approved new electric car bonuses. The auto industry has been hit hard by disrupted supply chains and stifled customer behavior. To help the industry, the federal government has decided, among other things, to increase the incentive to buy - not for all cars, but only for fully or partially driven models by electric motor like Tesla cars.
Where the state has subsidized up to $3,000 so far, an incentive of up to $6,000 will be paid to electric vehicle buyers at the end of next year. Currently, incentives for an electric car can go up to $9,000.
For a new car full EV that costs $39,000, the state provides $3,000, and the manufacturer subtracts $3,000 for $6,000. The federal government has increased incentives up to $6,000 by June 1, 2022, and asked for the same manufacturer, totaling up to $9,000.
New electric cars with a net price of over $39,000, such as all Tesla models sold in Germany, will receive incentives in the amount of $9,000 from June 1.
Elon Musk Reveals Giga Berlin Reduce $9000/car, Shocks European EV market 2023! Warning GM & Ford