[{"@context":"https:\/\/schema.org\/","@type":"BlogPosting","@id":"https:\/\/smart-motoring.com\/latest-news\/tesla-price-drops-cause-protest\/#BlogPosting","mainEntityOfPage":"https:\/\/smart-motoring.com\/latest-news\/tesla-price-drops-cause-protest\/","headline":"Tesla Price Drops Cause Protest","name":"Tesla Price Drops Cause Protest","description":"Tesla are once again in the news for all the wrong reasons, unfortunately In a swift, unannounced move, Tesla have decided to drastically reduce the prices of their \u201cModel S\u201d saloon and \u201cModel X\u201d SUV. Tesla owners, as you would imagine, are not happy at all and in some regions, customers have organised protests at Tesla stores and Supercharger stations. Starting prices of the Model S and Model X have dropped by $12,000 and $18,000 in the US and not [&hellip;]","datePublished":"2019-03-15","dateModified":"2019-03-15","author":{"@type":"Person","@id":"https:\/\/smart-motoring.com\/author\/isabelle-lawrence\/#Person","name":"Isabelle Lawrence","url":"https:\/\/smart-motoring.com\/author\/isabelle-lawrence\/","identifier":30,"description":"Max Wheeler is a leading motoring journalist and classic car specialist at Smart Motoring, renowned for his sharp insight and infectious passion for all things automotive. With years of experience covering motoring news, supercars, and the enduring legacy of classic cars, Max brings stories to life with style and authority. Whether it\u2019s the roar of a Lamborghini, the elegance of an Aston Martin DB5, or the cultural impact of vintage motoring icons, he delivers expert commentary that inspires enthusiasts and collectors alike. Dedicated to celebrating the heritage and future of driving, Max Wheeler is your trusted voice for classic car news and beyond.","image":{"@type":"ImageObject","@id":"https:\/\/secure.gravatar.com\/avatar\/8d331506e3c530b5ec4930c30a01ed8cc29b0537227573ae5da98f559e681401?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/8d331506e3c530b5ec4930c30a01ed8cc29b0537227573ae5da98f559e681401?s=96&d=mm&r=g","height":96,"width":96}},"publisher":{"@type":"Organization","name":"Smart Motoring","logo":{"@type":"ImageObject","@id":"https:\/\/smart-motoring.com\/wp-content\/uploads\/2024\/10\/smart-motoring_news_logo_g-e1765846726493.webp","url":"https:\/\/smart-motoring.com\/wp-content\/uploads\/2024\/10\/smart-motoring_news_logo_g-e1765846726493.webp","width":600,"height":60}},"image":{"@type":"ImageObject","@id":"https:\/\/smart-motoring.com\/wp-content\/uploads\/2019\/03\/Tesla-Model-3-charging-feature.jpg","url":"https:\/\/smart-motoring.com\/wp-content\/uploads\/2019\/03\/Tesla-Model-3-charging-feature.jpg","height":520,"width":1200},"url":"https:\/\/smart-motoring.com\/latest-news\/tesla-price-drops-cause-protest\/","about":["Cars","ELECTRIC CARS","LATEST CAR NEWS","Tesla"],"wordCount":683,"keywords":["tesla","Tesla Model S","tesla model x"],"articleBody":"Tesla are once again in the news for all the wrong reasons, unfortunately  In a swift, unannounced move, Tesla havedecided to drastically reduce the prices of their \u201cModel S\u201d saloon and \u201cModelX\u201d SUV. Tesla owners, as you would imagine, are not happy at all and in someregions, customers have organised protests at Tesla stores and Superchargerstations. Starting prices of the Model S and Model X have dropped by $12,000and $18,000 in the US and not everyone\u2019s happy about it.Imagine buying a Tesla and finding that the price has reduced by $26,000Tesla owners in China were among some of theworst affected. One particular customer in China, with a username of\u201cLuweijuzi\u201d, posted on social media site Weibo:\u201c&#8221;I received Tesla&#8217;s Model X on February25, and I only drove this car for five days before Tesla announced a pricereduction of 174,300 yuan ($25,989.87). I&#8217;m probably the most unlucky new buyer&#8230; That&#8217;s unfair,&#8221;In China, the price cuts went all the way upto reductions of 341,100 yuan (roughly \u00a338,000) on certain models and specs. Prices in Taiwan also took one of the most substantial hits, with prices being basically cut in half on some models &#8211; for example, the Model S P100D dropped by almost $100,000. Tesla owners here in the UK weren\u2019t safe fromthe price slashing either. The Model S Ludicrous Performance model was reducedto just \u00a384,100. The previous equivalent model, the Model S P100D cost awhopping \u00a3131,305 which is \u00a348,000 more! The Model S 100D used to cost \u00a393,205 but hasnow been replaced by the newer equivalent \u201cLong Range\u201d model which now costsjust under \u00a377,000.Protests ensue It may be strange to hear that people are angry about cars being cheaper and many people don\u2019t understand it. Tesla owners are the ones affected, not people who haven\u2019t bought one yet. As car prices go, usually what happens is older models depreciate and when a newer model comes out, you\u2019d expect it to cost more than older models. Well in this case, the newer models costed less, so you can understand why existing customers were angry. Did anyone see what\u2019s happening in Taiwan? Taiwan Tesla Owners protesting about the price adjustment outside of the Supercharger Station and Store\/Service Centre in Taiwan. Have they solved the issue? @TeslaOwnersTwn #Tesla #TeslaTaiwan $TSLA pic.twitter.com\/mIKPFPigAf&mdash; JayinShanghai (@ShanghaiJayin) March 4, 2019Meanwhile in China, Tesla Owners Protesting in front of Tesla Store in China. They are angry about the price adjustments in China. It has become hot topic on chinese social media. Let us what do you think?#Tesla #TeslaChina #China #Protest #\u7279\u65af\u62c9 $TSLA pic.twitter.com\/AcFv3Q7xX1&mdash; JayinShanghai (@ShanghaiJayin) March 2, 2019People defend TeslaWe think it\u2019s pretty clear that this is a verycustomer-unfriendly move for Tesla. Without warning, Tesla has made their cardrastically cheaper over a very short period of time. Those who had justordered a Tesla days, weeks or months ago are now finding out, by surprise,that if they waited they could have saved thousands of pounds, dollars, yuanetc. However, there are countless Tesla fans thatargue the company has done nothing wrong. \u201cWould they rather they go bankrupt and giveeveryone refunds? Or help make a difference for everyone and their kids?\u201d &#8211;@Rick_Scinta \u201cHopefully they will get over it.&nbsp; Bound to be some people upset, but then aflood of new happy owners will drown them out\u201d &#8211; @EthicsGradient \u201cGotta love the wave of global headlines ofpeople complaining the cars got too cheap. This will blow over and so manypotential buyers will have checked out the new prices\u201d &#8211; @SiberianOdyssey onTwitter\u201cIn other news, the cell phone I bought awhile back is suddenly a lot cheaper now. What gives?!?&nbsp; ;)\u201d &#8211; @enn_nafnlaus \u201cIt&#8217;s ridiculous. You buy any tech as an early adopter &amp; it costs more. We don&#8217;t see protests for other car prices changing, because THAT&#8217;S BUSINESS. Really getting sick of this malarkey.\u201d &#8211; @DOfaquarius So, where do your opinions lie? Let us know in the comments!"},{"@context":"https:\/\/schema.org\/","@type":"BreadcrumbList","itemListElement":[{"@type":"ListItem","position":1,"name":"Latest News","item":"https:\/\/smart-motoring.com\/latest-news\/#breadcrumbitem"},{"@type":"ListItem","position":2,"name":"Tesla Price Drops Cause Protest","item":"https:\/\/smart-motoring.com\/latest-news\/tesla-price-drops-cause-protest\/#breadcrumbitem"}]}]