Model Y, X and S all received discounts in the US
Tesla appears to be battling a recent dip in sales by slashing the price of some of its most popular models. Starting in the US late Friday, where it cut the price of the Model Y, Model X and the older Model S, the EV maker soon rolled out discounts to China and then Germany.
According to The Guardian, the cuts reduced the starting price for a Model Y to $42,990 (around £34,850 / AU$66,700), and to $72,990 (£59,100 / AU$113,350) for a Model S and $77,990 (£63,200 / AU$121,100) for a Model X in the US. This represents a saving of circa $2,000 (£1,600 / AU$3,100).
Meanwhile in China, the recently refreshed Model 3 was reduced by 14,000 yuan (about $1,930 /£1,560 / AU$3,000) to 231,900 yuan ($32,000 / £30,000 / AU$49,700), Tesla’s official website showed.
The same model was also the subject of discounts in Germany, where it dropped to €40,990 (£35,400 / $43,670 / AU$67,825) from an original price of €42,990 (£37,130 / $45,785 / AU$71,130).
Fighting fires on several fronts, Tesla has been at the centre of a price war that has been fueled by cheaper electric vehicles from China, many of which are rapidly making in-roads to markets previously ruled by the Californian company.
