UBS: Tesla's new pricing strategy is setting it up to raise more money later this year

REUTERS/Rebecca Cook

• UBS analyst Colin Langan suggests Tesla's newly-revised pricing strategy is intended to set the company up to raise more money in the fourth quarter.
• Tesla is scheduled to report earnings on Wednesday, and investors will be closely watching results and subsequent commentary.
• Follow Tesla's stock price in real-time here.

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Tesla's newly-revised pricing strategy isn't just intended to boost its near-term probability — it's setting the company up to raise more money in the fourth quarter, says UBS.

Tesla recently adjusted the down payment requirement for Model 3 ordering. Instead of forking over a $1,000 down payment, customers are now required to submit a non-refundable $2,500 configuration deposit.

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