'Royally F---ing Us': Tesla Owners Who Paid Full Sticker Price Irate Over Price Drops

A reduction in price has led to an increase in unhappy motorists.

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By Entrepreneur Staff • Jan 16, 2023

Last week, Elon Musk's Tesla announced price cuts on some of its electric cars in the U.S. and abroad — and Tesla owners who recently paid full sticker price are not happy.

According to The Wall Street Journal, the wide-ranging price cuts include 14% off the Model 3 sedan and nearly 20% off its baseline Model Y crossover.

Using Musk's other company, Twitter, Tesla owners are very publicly expressing their displeasure, @-ing the man in charge of the electric car company.

Other users have been irked by Musk's silence on the matter, considering how much he Tweets.

Related: Tesla Is Reducing Prices on Models Sold In The U.S.: 'Eye-Popping'

Others, perhaps those who understand that things sometimes go on sale, took a more self-aware approach to buyer's remorse.

Related: Tesla Investors Complain That Elon Musk Is Spending Too Much Time on Twitter — On Twitter

Tesla faced a 65% drop in share price since January 2022, a historic low for the company.

Demand hit the brakes, and Tesla is making these dramatic moves to steer out of the skid, says the New York Times: "In cutting the prices of its current models, Tesla is indicating that it is willing to concede some profit in order to increase sales volume."

Entrepreneur Staff

Entrepreneur Staff


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