Teslas Are Getting More Affordable. EV Producer Reduces Costs Across All Models
In an effort to increase demand, Tesla cut prices once more in the United States.
According to the company's website as of Friday, the automaker reduced costs by 2% to almost 6%, with the biggest reductions on Tesla's more expensive Model S and Model X vehicles.
The price reductions follow Tesla's announcement that it delivered a record-breaking 422,875 vehicles globally in its first quarter following earlier rounds of pricing reductions. Early in March, Tesla reduced the costs of its Model S and Model X sedans. And in January, Tesla reduced its costs in the United States by as much as 20%, making some of its vehicles eligible for a federal tax credit for electric vehicles.
Last month, Tesla reduced the costs of its Model S and Model X vehicles, which were selling at a slower rate, by $5,000 to $84,990 and $94,990, respectively. prices ranging from 4% to 9%.
The business also reduced the price of the Model 3 and Model Y, which are more inexpensive, by $1,000 and $2,000, respectively.
The current prices for Tesla vehicles are listed below:
- Model S: $84,990
- Model S Plaid: $104,990
- Model 3: $41,990
- Model 3 Performance: $52,990
- Model X: $94,990
- Model X Plaid: $104,990
- Model Y Long Range: $52,990
- Model Y Performance: $56,990
