‘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.

By Dan Bova 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.”

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.

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Dan Bova

VP of Special Projects at Entrepreneur.com
Entrepreneur Staff
Dan Bova is the VP of Special Projects at Entrepreneur.com and host of the How Success Happens podcast. He previously worked at Jimmy Kimmel Live, Maxim, and Spy magazine. His latest books for kids include This Day in History, Car and Driver's Trivia Zone, Road & Track Crew's Big & Fast Cars, The Big Little...

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