Tesla slashes prices of popular models in just over three months – Bloomberg

2023-04-19 17:29:00

Electric vehicle (EV) maker riceTesla has slashed its floor prices on its most popular models over the past three months. The most popular sports utility vehicle (SUV), the Model Y, has seen a nearly 30% reduction, an unprecedented move for the company.

The Model Y starts at $46,990, down 29% from mid-January. The Model 3 sedan is below $40,000 for the first time in years.

Tesla shares fall, “Model 3” etc. price cut again-earnings announcement pending (1)

Tesla Slashes Prices

Tracking changes for each model in the US this year

Source: Tesla’s website

Here are the major price changes Tesla has implemented this year:

  • January 6th:Price cuts for Model 3 and Y in China
  • January 12th:USA and EuropeAll car models at
  • March 5: Models “S” and “X” in the USprice cut
  • April 6: All models in the USPrice cut again
  • April 14th:Europeand reduced prices in Singapore
  • April 18:Price cuts for Models Y and 3 in the U.S.

news-rsf-original-reference paywall">Original title:Tesla Makes Top-Selling Model 29% Cheaper in Just Three Months(excerpt)

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