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Tesla Drops Prices As Much as 20% in US and Europe

By
Becky Peterson
· · Source: The Information

Tesla drastically lowered the price of its electric vehicles in the U.S. and Europe in a bid to beef up sales after missing its vehicle delivery targets in the fourth quarter. The price of a long-range Model Y, one of its larger cars, dropped nearly 20% to $52,990 on Thursday evening, according to the company’s website. It also lowered the prices on the Model 3, Model S and Model X. The...

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CareRev co-founder Will Patterson stepped down as CEO last week. Art by Clark Miller
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