Tesla dramatically lowered the prices of its Model 3 and Y cars and also cut prices for several European countries, according to reports.
Tesla Inc. late Thursday announced price cuts for its Model 3 and Model Y cars, with discounts in some cases of nearly 20%, as the company battles demand troubles.
The... Tesla Inc. late Thursday announced price cuts for its Model 3 and Model Y cars, with discounts in some cases of nearly 20%, as the company battles demand troubles. The price for a long range all-wheel drive Model Y was dropped to $52,990 from $65,990, a 19.7% discount, while the Model Y performance model was cut by 18.6% to $56,990 from $69,990.Like many automakers, Tesla TSLA is dealing with tough economies all over. The company cut prices in China to start 2023, following similar moves in October in a bid to boost sales in the country that struggled with COVID lockdowns last year.
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