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Tesla Cuts EV Discounts to “Optimize” Sales and Delivery Process

Tesla Delivery
One of Tesla’s delivery workers who was cut this week and spoke to TechCrunch on the condition of anonymity said their location was “short staffed” but still lost multiple employees. The decision to end discounts across its lineup in the United States, including the Model 3, Model Y, Model S and Model X is a bit of a whiplash moment for Tesla. And in the first quarter of 2024, Tesla’s delivery numbers fell year-over-year. It’s not clear how removing discounts on Tesla vehicles fits into the automaker’s new strategy to streamline sales and delivery. But beyond the initial purchase, Tesla has almost always been making changes to its sales and delivery strategy.

Starbucks Abandons Odyssey NFT Initiative

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Update: Starbucks announced Friday that it’s discontinuing its NFT program, to “prepare for what comes next as we continue to evolve the program,” according to an FAQ page. “I think this year we’re going to see a lot of community-based brand building,” he shared on TechCrunch’s Chain Reaction podcast. Starbucks launched Starbucks Odyssey in 2022 as its initial foray into the web3 world. The experience combined the company’s Starbucks Reward loyalty program with NFTs to enhance customer experiences, TechCrunch previously reported. Subscribe to Chain Reaction on Apple Podcasts, Spotify or your favorite pod platform to hear more stories and tips from the entrepreneurs building today’s most innovative companies.