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With Tesla’s lackluster performance in Q1 for EV deliveries, one would think the company would pull out all the stops to stimulate demand. And it has started taking the most basic measure, which is seemingly the only one in Elon’s arsenal: slash prices. Tesla’s Model Y, Model S, and Model X have each been lowered by around $2,000 this month. And Tesla’s Full Self Driving feature has been cut in half for a monthly subscription (from $199/month to $99/month) and cut by 33% from $12,000 to $8,000 for a one-time purchase. Also, the company is offering those with Enhanced Autopilot the option of upgrading to FSD for a one-time fee of $2,000. These price cuts are likely to improve sales and potentially improve the pick-up rate of FSD in the short term, but they are not sustainable. At the…
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