Tesla’s new car inventory in the US has plummeted to a new low not seen since the beginning of the discounts as the automaker appears to successfully liquidate its inventory for the end of the quarter.
There have been changes to tracking of Tesla’s new inventory data, but individual inventory checks also show very few vehicles available compared to last month.
Due to its direct-to-consumer model, Tesla manages inventory in a very different way than the rest of the industry.
It can’t sell its inventory to third-party franchise dealerships and can only recognize revenue from vehicles sold once customers take delivery.
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