Tesla has slashed the prices of its more expensive vehicles by up to 9%. The move is a bit unusual given the backdrop of widespread inflation. The company provided no comment on the adjustment.
Tesla’s most expensive vehicles – the Model S and Model X – have received price cuts of 5% and 9% respectively to stoke demand, Reuters has reported. The decision from the company is pretty interesting given the massive price inflation we are seeing for goods around much of the world, nevertheless, Tesla thinks attracting customers at lower prices is the best choice right now.