Dow Jones Newswires: Tesla cuts prices of Model 3, Model Y vehicles in U.S.

by | Oct 6, 2023 | Stock Market

Tesla cut prices of its Model 3 and Model Y vehicles in the U.S., its website showed. The electric-vehicle company
on Thursday lowered the price on its Model 3 rear-wheel drive to $38,990 from $40,240, according to its website. Prices of the Model 3 long-range and performance cars were reduced to $45,990 and $50,990, respectively.

It also lowered the price on its Model Y long-range vehicle to $48,490 from $50,490. The price of the Model Y performance car was lowered to $52,490. Tesla has cut prices for its U.S. vehicles several times this year. In April, it lowered prices on its Model S and Model X vehicles by $5,000 each for the base models. The EV maker lowered prices for the two models again on Sept. 1. Write to Sherry Qin at [email protected]

Article Attribution | Read More at Article Source

Share This