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Friday 13 January 2023

Big US Tesla Price Reduction Across The Range, Some Models Are 20% Cheaper

This rebate applies to all models and it for instance makes the two-row Model Y LR eligible for the (US) federal tax credit again.

Tesla has just cut the purchase price for the Model 3 and Model Y in the United States by quite a significant margin. Some variants are up to 20 percent cheaper to buy than before and while it may be a bitter pill to swallow if you just took delivery of Model 3 or Y, it will certainly help spur demand.

The EV manufacturer had a good 2022 with a solid fourth quarter, but its delivery numbers in the US didn’t quite live up to analysts’ predictions. This lowering of prices for its entry level offerings could be a sign that Tesla wants to make sure it bolsters demand in order to meet its sales target for the year, reassure investors and stop its stock prices from falling further.

Read the whole story on insideevs.com


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