The latest head-scratcher is the company’s decision to once again offer free unlimited supercharging for its Model S and Model X buyers.

“Really need to bring this program to an end while being as fair as possible. It’s not sustainable long-term,” Musk wrote.

The only logical explanation for the 180-degree turn on free charging is that Tesla is desperate to sell Model X and Model S vehicles. As bears have argued for months, the low-margin Model 3 is eating into demand for these more profitable models.

Model S registrations were down 54% in California during Q2, according to Dominion Cross-Sell. Model X sales were down 40%. California is by far Tesla’s largest market, accounting for 40% of total Model S sales in 2018.

https://finance.yahoo.com/news/tesla-stock-unsustainable-free-supercharging-121628106.html