Report: Tesla's US New EV Inventory Reached A New All-Time High via insideevs.com
- that combined with price adjustments, might tell us a lot about what is happening in terms of supply and demand.
Things are even more interesting when we take a look at the individual charts for each model - Model 3, Model S, Model X and Model Y. For example, the bulk of overall cars that await customers in the US are Model X. It seems then that the bath of early adopters of the refreshed Model X dried up at the end of 2022. Now, Tesla is ramping up the export of Model S/Model X to Europe and Asia and also lowered prices in the US.
Some of the changes on the chart might be associated with a production cycle of particular car versions for particular markets , so let's just remember that things might be more complex than just simple price and supply/demand. Anyway, with some 2,500 vehicles waiting in a parking lot, Tesla must move more carefully than when there were multi-month queues for new cars. On the other hand, this number is still very small compared to the overall sales volume and compared to the new inventory of other manufacturers/dealers.
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