Tesla Cuts Prices Again Amid Flagging Demand
Subsidies Ending, Competition Heating Up
Tesla has once again slashed prices on its electric vehicles in an effort to boost demand. The latest round of price cuts comes as the company faces a number of challenges, including the end of government subsidies and increasing competition from other automakers.
Prices Drop by Thousands
In Europe, the price of the Model 3 has been reduced by up to 17%, while the Model Y has seen a price reduction of up to 19%. In the United States, the Model 3 and Model Y have both seen price cuts of up to $5,000. These price cuts are significant, and they make Tesla's electric vehicles more affordable than ever before.
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