Tesla has bolstered its Model Y inventory in the United States while ramping up incentives in China and Europe.
On Thursday, electric vehicle news outlet Electrek reported that Tesla has normalized production of the new Model Y and secured sufficient inventory for immediate delivery in the U.S. market. This development suggests that the backlog of existing orders has been cleared.
Tesla officially listed 93 new Model Y vehicles in its U.S. inventory, though the actual number is likely higher. The availability of immediate purchases across most key markets indicates that the order queue has effectively disappeared.
In China, Tesla is currently offering 0% financing on new Model Y purchases in China—an incentive that has been extended until June 30. Meanwhile, Tesla is exploring additional strategies to move older Model Y inventory in Europe, due to its sales slump.
Earlier this year, Tesla produced over 30,000 vehicles that remained unsold in the first quarter alone, leading to a 1.7 billion USD increase in inventory. Industry analysts are closely watching how Tesla will manage demand across global markets in response to these challenges.
