Amazon Stock Rises as Meta Expands AWS Partnership for AI Infrastructure 
Chinese Chip Stocks Surge on AI Boom and Domestic Tech Push 
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results 
U.S. Raises Alarm Over Chinese AI Firms’ Alleged IP Theft Through Model Distillation 
T-Mobile Beats Q1 Earnings Expectations on Strong Postpaid Growth 
Microsoft Azure Growth Forecast Beats Expectations Amid Rising AI Competition 
Judge Dismisses Elon Musk’s Fraud Claims Against OpenAI, Trial to Proceed on Remaining Allegations 
Taiwan Court Fines Tokyo Electron Unit $4.78M in Major TSMC Trade Secrets Case 
Meta Raises 2026 Capex Outlook Amid AI Spending Surge, Shares Drop After Earnings 
TSMC Exits Arm Holdings with $231 Million Share Sale Amid Strategic Portfolio Shift 
Alphabet Earnings Surge on AI Growth, Cloud Revenue, and Strong Search Performance 
OpenAI Faces Revenue Pressure and User Growth Challenges Ahead of IPO 
SMC Corp Stock Surges as Palliser Capital Pushes for Major Share Buyback 
FBI Warns of China’s Expanding Hack-for-Hire Network Amid Extradition Case 
Lightelligence IPO Soars Over 400% in Hong Kong Debut Amid Rising AI Investment Demand 
Samsung Reports Record Profit as AI Boom Drives Memory Chip Demand 
In a bold move to clear inventory, Mercedes-Benz offers unprecedented discounts on its 2023 electric vehicle (EV) models, with savings of up to $20,000. The luxury automaker's aggressive pricing strategy aims to make room for the upcoming refreshed EQS sedan, aligning Mercedes-Benz with other automakers in a competitive push to enhance EV accessibility and adoption rates.
Mercedes Rolls Out Major Discounts on 2023 EQS Models Ahead of Refresh Launch
Mercedes will launch the EQS electric sedan in the United States in the fall of 2021. The following August, it began production of the EQS SUV and batteries at its Alabama plant in Tuscaloosa.
Old models are being cleared out with plans to launch a refreshed EQS sedan later this year.
According to a recent dealer note, 2023 Mercedes EQS EV models could receive discounts of up to $20,000 off MSRP. However, you may need to act quickly because the deal is only valid until April 1st, and vehicles sell out quickly.
On its website, 2023 EQS models are advertised with a $7,500 lease bonus cash incentive. However, in the fine print, Mercedes states that the offer includes a $9,699 dealer contribution. According to CarsDirect, this could cost up to $10,000.
Mercedes is offering this deal on the EQS SUV and sedan models. It's beneficial when purchasing or leasing.
Mercedes Launches Substantial Cash Incentives for AMG EQS Sedan, Discounts Up to $20,000
According to CarsDirect, Mercedes offers a new "Full-Court Press" cash incentive of up to $10,000 on the AMG EQS Sedan. With stackable incentives, the 2023 Mercedes EQS AMG is up to $20,000 off MSRP. Meanwhile, the EQS 580 receives $7,500, while the EQS 450 receives a $5,000 discount.
Having said that, these deals will not last long, and inventory is very limited. The new 2024 models are only eligible for a $1,000 incentive; no other discounts are available. The new offers come after other automakers, such as Volkswagen, Ford, and Hyundai, announced significant discounts to clear out EV models.
