Automakers jump on the tesla brand with EV discount offers

Tesla transactions in the US are in a High -time As some owners are frustrated by Elon Musk’s policy, and some just want to avoid their car from getting the key from calves.

The automakers hit the opportunity.

Polestar, Lucid Motors, Volvo and Ford – which have long lasted Tesla in EV sales – benefit from the push against the brand by releasing bonuses and motivations that cause faith in the buyer.

Shortly after Polestar began offering a $ 5,000 discount, automotive chief Jordan Hofmann said the bonus was already successful.

“This week saw some of the highest days for Polestar 3 and the answer to Conquest Tesla offer was incredible,” Hofmann writes In LinkedIn.

Most of the bids do not require buyers to truly market their Teslas to meet the conditions, though Joseph Yoon, consumer analyst in Edmunds, says the trend is definitely showing EV owners who make the switch because of the recent depreciation of the brand brand.

The use of Musk’s wealth to help elect Donald Trump in the office and the subsequent acquisition of the federal government through Doge has led many to associate Teslas to the controversial billionaire. A protest movement known as Tesla Takedown has spread worldwide. In the meantime, there has been an increase in the vandalism of ownership and Tesla vehicles. The most violent attacks, which included arson, have carried out the rage of President Trump, who has pledged to deal with such incidents as “domestic terrorism”.

Whether a Tesla owner is on the side of the protesters or simply does not want a swastik in their car, Yoon said buyers are willing to get rid of their vehicles with loss.

“What these types of conquest bonus programs exploit is that these are these guys [trade in their Teslas] Anyway. What if we do a little sweeter for them and make sure they come to us instead of a competitor? “Yoon said.

On the automotive side, Sean Tucker, chief editor of Kelley Blue Book, told TechCrunch that trading finances are different at the moment due to Tesla’s unique situation.

“Usually, when a dealer gets a trade, they either put it on their own used side of the business and sell it, or in some cases, they will sell it to a auction company that is going to sell it to a different dealership.” This is really different with Tesla at the moment because it is so difficult to correct.

Tucker noted that smaller brands such as Polestar and Lucid are willing to get a loss in a trade to take a tesla from the road and put one of their vehicles on the road.

And Yoon said it makes sense for the two EV manufacturers to target marketing for their main competition.

The first indicators show that Musk’s political activities have negatively affected the sales of new cars. It is not clear whether these commercial incentives and discounts will make a dent in Tesla’s share on the EV market.

The consequences of Trump’s new car invoices could further complicate the results, as buyers are looking for lower cost vehicles.

“The big edge of Tesla is that the most popular vehicles have been manufactured for very few imported parts,” Yoon said. “Many of these news has a lot of foreign commission involved in their parts and their construction. So who knows how will this surpass?”

Tesla Shopping Center options

Polestar started offering a specialist Discount $ 5,000 For Tesla drivers who want to hire the company’s new crossover Polestar 3 in February. This deal, as well as another $ 15,000 net incentives to consumers who rent, could get Tesla owners in total $ 20,000 from a 2025 EV model to make the Switch.

Clear engines also started quietly Offering Tesla owners Up to $ 4,000 in discounts when buying a sedan 2025 Lucid Air – $ 2,000 for the car buying and another $ 2,000 if you are dealing with your current Tesla. Lucid also sweetens the deal, taking another $ 1,000 from the top for vehicles available in a sales studio location at the time of order.

Both Polestar and Lucid say buyers have to deliver before April 30.

In mid -March, Volvo launched its own pan -Hellenic incentive, offering customers who hold today or lease any Tesla A $ 1,000 bonus to buy or fully lease electric Volvo in 2024 or any 2025 or 2025.5 (medium annuals. which currently has Volvo is the hybrid SUV of the XC90.

Ford has just closed the $ 1,000 discount on Tesla owners, making the transition to a new Lightning Mustang Mach-E or F-50s. The discount was available to buyers who received a delivery before April 2.

A Ford spokesman told TechCrunch that the automotive industry has nothing to share with current or future incentives.