Wednesday, 19 April, 2023

Tesla Reduces Prices For Model 3 And Model Y Ahead Of Q1 Earnings

Tesla has announced price cuts for its Model 3 and Model Y vehicles just before releasing its Q1 earnings report. The price reductions range from a few thousand dollars to more than $5,000 depending on the model and trim. This comes as Tesla faces increased competition in the electric vehicle market and aims to maintain its market share. The price cuts are expected to attract more customers and make Tesla's electric vehicles more competitive.