As more competitors release new EVs, Tesla has cut prices across the board after years of price increases.
Tesla has lowered prices across its lineup, according to the automaker's online configurator.
The Model Y got the biggest price cut, with the base Long Range now starting at $52,990, which is 20% lower than before. The starting price for the Model Y Performance was cut by 19% to $56,990. Model 3 prices were cut 6% for the base version to $43,990 and 9% for the Model 3 Performance, which now starts at $53,990.Tesla in December also offered credits on the Model 3 and Model Y of $3,750 and later $7,500 for cars delivered before the end of the month.
for the Model S and Model X as an alternative to the unorthodox steering yoke introduced during a recent refresh.Tesla hasn't offered an official explanation for the price cuts, but in addition to reversing price increases the market may no longer support, they come in the context of increased competition from other automakers.
The growing contingent of non-Tesla EV drivers may soon be able to use the Tesla Supercharger network to charge. The White House announced in July 2022 that Tesla was opening the Supercharger network , something the automaker has already trialed in Europe. Tesla previously proposed opening the U.S. Supercharger network to other EVs if it got some federal funds, which may be part of the deal.
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