Tesla Has Too Many Cars to Sell. It Needs to Cut Prices.



Tesla


has a new problem. U.S. inventories of its popular Model Y are ballooning because of tax-credit confusion. There is a solution to its electric-vehicle glut, though.

Inventories of Model Y SUV are at all-time highs in the U.S., according to sites that scrape Tesla’s site, and aggregate all the cars available. There are about 1,300 vehicles that are awaiting buyers.

Source: https://www.barrons.com/articles/tesla-stock-ev-prices-tax-51673535925?siteid=yhoof2&yptr=yahoo