clothing

How DTC Brand Cuts Clothing Became the Breakout Hit for Players in the NBA ‘Bubble’

For Cuts Clothing—a maker of T-shirts, polos and sweatshirts—the bubble created by the National Basketball Association in Orlando for the league’s playoffs proved to be the ideal environment for the brand to spread the gospel about the quality of its clothing.

Heading into the tournament, the likes of Pat Connaughton of the Milwaukee Bucks and C.J. McCollum of the Portland Trailblazers were already fans of the direct-to-consumer retailer, according to Steven Borrelli, the founder and CEO of Cuts.

“It really just blossomed from those initial guys,” Borrelli said. “The nature of it, where they are not at home and they don’t have their full closets, Cuts became a real necessity more than just a want. And we were [able] to execute on that for them.”

By the time the L.A. Lakers were crowned champions, dozens of players were wearing and being photographed in Cuts’ signature shirts and face masks, Borrelli

Read More Read more
model

Tesla cuts Model S prices by $3,000 in the US

Lower prices? I don’t think you’ll hear a single buyer complain about that.


Tim Stevens/Roadshow

Much of the attention paid to Tesla these days comes from its smaller, more affordable electric vehicles, the Model 3 sedan and Model Y crossover. Its larger vehicles, however, have seen deliveries dip year over year this past quarter, so it’s no surprise that one of those cars is getting a price cut.

Tesla quietly updated the pricing on its website overnight between Tuesday and Wednesday. The two currently available variants of the Model S have been given $3,000 price cuts each. The Long Range Plus’ price drops from $74,990 to $71,990, while the Performance variant goes from $94,990 and $91,990. The automaker’s website also lists the Plaid model at $139,900, but it has not been given a price reduction; it’ll be made available to consumers until next year. Heck, even the newest models aren’t

Read More Read more
model

Tesla Model S Price Cuts Keep on Coming

Photo credit: Tesla
Photo credit: Tesla

From Autoweek

Tesla has slashed the Model S’ price $3,000 this month, with the least expensive version now starting at $71,990, prior to any local incentives. This means the Model S Long Range Plus is reduced in price from $74,990 to $71,990, while the Performance version is cut from $94,990 to $91,990. These are the only two Model S versions available for order in the U.S., after a Standard Range Model S had been removed from the lineup in Summer, 2019.

This is the second time this year the automaker has reduced the Model S price. They were cut $5,000 back in May. The Model X also received a $5,000 price cut in May, while the Model 3 price was cut $2,000. The only vehicle not receiving a price cut this spring was the Model Y, being the latest addition to the lineup.

Back in March, 2019

Read More Read more
model

Tesla cuts prices of Model S by $3,000 in United States, China

  • Tesla cut the price of its Model S sedan on Tuesday by $3,000 or about 4%.
  • Earlier this month, the company announced record delivery numbers during the second quarter. 
  • CEO Elon Musk told workers they’re on track to deliver 500,000 cars to customers this year, a potential record, but a number doubted by some analysts.  
  • Visit Business Insider’s homepage for more stories.

Tesla on Tuesday cut the price of two Model S sedan options by 4% in the United States, days after the electric-car maker reported record quarterly deliveries.

The company, which is expected to report third-quarter results on Oct. 21, cut the price of the “long range” model to $71,990 from $74,990 in the US, and the “performance” to $91,990 from $94,990.

It also trimmed the starting price of the Model S by 3% in China. Earlier this month, Tesla cut the starting price of its Chinese-made Model 3

Read More Read more
model

Tesla cuts prices of Model S in United States, China

Adds background, updates shares

Oct 13 (Reuters)Tesla Inc TSLA.O said on Tuesday it cut the price of its Model S “Long Range” sedan by 4% in the United States, days after the electric-car maker reported record quarterly deliveries.

The company, which is expected to report third-quarter results on Oct. 21, cut the price to $71,990 from $74,990 in the United States. It also trimmed the starting price of the Model S by 3% in China. (https://bit.ly/34PqCew)

Earlier this month, Tesla cut the starting price of its Chinese-made Model 3 sedans by about 8% to 249,900 yuan ($36,805).

The world’s largest carmaker has been trimming prices on various models in its lineup at the same time legacy automakers are trying to make inroads in the electric vehicle market by launching their own electric cars.

Tesla said it delivered 139,300 vehicles in the third quarter, an all-time record,

Read More Read more
model

Tesla cuts Model S price by $3,000 amid sales slide

Tesla has cut the price of the Model S by $3,000 as sales of the flagship sedan continue to decline.

The move follows a $5,000 price drop in May.

The Model S Long Range Plus now starts at $71,990 in the U.S. while the Performance version lists for $91,990.

Unlike legacy automakers, Tesla relies on base price adjustments rather than rebates to incentivize sales. The price of the Model S was also reduced 3% in China.

ELON MUSK CRITICIZES WAYMO’S AUTONOMOUS TECH

Tesla reported 15,200 combined global deliveries for the Model S and Model X SUV in the third quarter, which was down nearly half from the 27,660 recorded in 2018. Overall Tesla deliveries set a quarterly record of 139,300 on the strength of the lower-priced Model 3

Read More Read more
model

Tesla cuts prices of Model S variant in United States, China



a police car parked in a parking lot: Tesla's primary vehicle factory reopens in Fremont


© Reuters/Stephen Lam
Tesla’s primary vehicle factory reopens in Fremont


(Reuters) – Tesla Inc said on Tuesday it has cut the price of its Model S “Long Range” sedan by 4% in the United States, days after the electric-car maker reported record quarterly deliveries.

The company, which is expected to report third-quarter results on Oct. 21, cut the price to $71,990 from $74,990 in the United States. It also trimmed the starting price of Model S by 3% in China. (https://bit.ly/34PqCew)

Earlier this month, the carmaker cut the starting price of its Chinese-made Model 3 sedans by about 8% to 249,900 yuan ($36,805).

Video: Volkswagen reportedly eyeing Lamborghini and Bugatti sale as interest in EV vehicles surge (CNBC)

Volkswagen reportedly eyeing Lamborghini and Bugatti sale as interest in EV vehicles surge

UP NEXT

UP NEXT

Tesla said it delivered 139,300 vehicles in the third quarter, an all-time record, yet

Read More Read more
model

Tesla Cuts Price of Chinese-Made Model 3

Taking advantage of new battery options and big government subsidies, Tesla (NASDAQ:TSLA) has slashed its Model 3 prices in China. The company’s Chinese website is now advertising a base price for the popular battery-electric sedan of 249,900 yuan, or roughly $36,800.

While this is big news for the company in its efforts to remain dominant in the Chinese market, U.S. consumers won’t be affected…at least, not yet. 

A Tesla Model 3 with a cityscape in the background.

Image source: Tesla.

Race to the bottom dollar

The new price of the Shanghai-made Model 3 Standard Range Plus represents an 8% discount to the previously listed price of 271,550 yuan, or about $40,000. Tesla factors in Chinese government subsidies for electric vehicles (EVs) when it calculates the base price. 

In the U.S., the base price for the Model 3 Standard Range Plus is $37,990, making the Chinese Model 3 slightly cheaper than the U.S. version. That’s largely due to superior government incentives.

Read More Read more
model

Tesla Shares Gain On Model 3 Price Cuts in China; Q3 Deliveries in Focus

Tesla Inc. shares powered higher Thursday following reports that the clean energy carmaker had cut prices for its Model 3 sedan in China and could be ready to publish record third quarter deliveries later this week.



a close up of a sign: Tesla Shares Gain On Model 3 Price Cuts in China; Q3 Deliveries in Focus


© TheStreet
Tesla Shares Gain On Model 3 Price Cuts in China; Q3 Deliveries in Focus

Tesla’s China website suggests that starting prices for its popular Model 3, which are now made in its Shanghai factory, have been reduced by 8% to around $36,800 each, while the longer-range version was reduced to around $40,000 each. The new models will also included cheaper lithium iron phosphate batteries, Reuters reported.

Loading...

Load Error

Tesla shares were marked 2% higher in early trading Thursday to change hands at $437.87 each, a move that would trim losses since the stock’s five-for-1 split on August 31 to around 11.4%.

A report from the tech-focused ‘electrek’ news website yesterday also suggested

Read More Read more
model

Tesla cuts Model 3 prices in China in highly-anticipated move (NASDAQ:TSLA)

Tesla (NASDAQ:TSLA) has reduced the price of the Model 3 in China as expected with the new cobalt-free lithium iron phosphate battery now part of the mix.

The mass-market Model 3s will sell for 249,900 yuan ($36.8K) after government subsidies to clip about 10% from the old price.

As part of the company’s long-term plan, lower prices globally are hoped to open up new segments of Tesla buyers.

Shares of Tesla are up 2.49% premarket to $439.69 with the company’s Q3 deliveries report due out in the next few days.

Read more about Tesla’s plant to use cobalt-free batteries.

Source Article Read More

Read more