Tesla is offering discounts on the Model Y to boost fourth-quarter sales, with up to $2000 off and free service options. The company aims to clear inventory and maintain sales growth. In Q3, Tesla delivered 497,099 vehicles, exceeding estimates. Competitors like XPeng and NIO offer lower-priced models with advanced technology features.

Zacks reports Tesla stock has gained 10.6% YTD, trading at a forward P/S ratio of 14.02. The company carries a Value Score of D and a Zacks Rank #3 (Hold). Analysts discuss potential stock picks with money-doubling potential. For more information and free stock analysis reports, visit Zacks Investment Research.

Read more at Nasdaq: Can Tesla’s New Discounts on Model Y Help Boost Q4 Deliveries?