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Tesla has cut prices on two of its most expensive cars in its fifth reductions this year as the US prepares to bring in new rules on EV tax credits.
Elon Musk's electric carmaker has slashed $5,000 off both the Model S and Model X, according to the company's website. The price of the Model 3 sedan has been lowered by $1,000 and the Model Y by $2,000 respectively. The basic version of Tesla's Model S is now $84,990, down from $89,990 at the beginning of March. At the same time, Model X plaid has now been lowered to $94,990, its website shows. in March on which EV models can qualify for tax credits of $3,750 or $7,500, with the new rules coming into force this month.to have final assembly completed in North America and must not exceed a Manufacturers Suggested Retail Price of $55,000 for cars and $80,000 for pickup trucks, vans or SUVs.
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