Tesla cut the prices of its top-selling electric vehicles for the U.S. market. The price cuts on the Model 3 and Model Y ranged between 6% and 20%
has slashed prices on its top-selling electric vehicles for the U.S. market, the automaker's website showed, after it recently cut prices in China and missed Wall Street estimates for fourth quarter deliveries.
That is before accounting for a $7,500 federal tax credit that took effect for many electric vehicle models as of the start of January. The shift is the first major move by Tesla since appointing its lead executive for China and Asia, Tom Zhu, to oversee global output and sales after falling short of its 2022 delivery target.
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