Insider tells the global tech, finance, markets, media, healthcare, and strategy stories you want to know.
Tesla has cut prices on two of its most expensive cars in its fifth reductions this year as the US prepares to bring in new rules on EV tax credits.
Elon Musk's electric carmaker has slashed $5,000 off both the Model S and Model X, according to the company's website. The price of the Model 3 sedan has been lowered by $1,000 and the Model Y by $2,000 respectively. The basic version of Tesla's Model S is now $84,990, down from $89,990 at the beginning of March. At the same time, Model X plaid has now been lowered to $94,990, its website shows. in March on which EV models can qualify for tax credits of $3,750 or $7,500, with the new rules coming into force this month.to have final assembly completed in North America and must not exceed a Manufacturers Suggested Retail Price of $55,000 for cars and $80,000 for pickup trucks, vans or SUVs.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tesla Cybertruck May Have 100 kWh Battery Pack Per Tesla's Master PlanDoes Tesla have some secrets about the Cybertruck's efficiency, is the battery pack size just a loose estimate, or will there be variants with larger packs?
Read more »
Tesla cuts prices in the US again to spur demandTesla is cutting prices once again in an attempt to boost demand for the electric automobiles. Tesla did a round of price cuts in January too, reducing prices by 20%.
Read more »
Tesla Cuts Prices On All US Models Again By Up To $5,000Tesla has slashed prices by $1,000 on the Model 3, $2,000 on the Model Y, $5,000 on the Model S, and $5,000 on the Model X on April 6.
Read more »
Tesla again cuts prices on a host of its vehiclesTesla again cut prices on its electric vehicles as the company looks to catalyze demand after its latest figures showed greater production than deliveries.
Read more »
LIVE BUSINESS UPDATES: Stock market closed Good Friday, jobs data, Tesla cuts prices againStock and bond markets are closed for Good Friday, the March jobs report signaled hiring yet at a slower pace, Tesla cuts prices again, the Masters tournament to deliver winning golfer payday worth millions. FOX Business is providing real-time updates on the markets, commodities and all the most active stocks on the move.
Read more »
Tesla cutting prices again as sales growth slows — here’s which carsThe moves come as Tesla’s first-quarter sales grew 36% but fell short of analysts’ expectations.
Read more »