Tesla cuts US prices again ahead of earnings report

Posted on AllSides April 19th, 2023
From The Right

Tesla has cut prices on some of its electric vehicles for the second time this month and the sixth time this year.

Tesla cut the prices of the Model Y 'long range' and 'performance' vehicles by $3000 each and the Model 3 with rear-wheel drive by $2000 to $39,990.

So far this year, the Elon Musk-led company has cut U.S. prices of its base Model 3 by 11% and that of its base Model Y by 20%.

The move comes as tougher standards will be introduced that will limit EV tax credits....

Read full story

More News about Business from the Left, Center and Right

From the Left

From the Center

From the Right