Greener Living
Tesla Cuts Prices of All Models for the Second Time This Year
- Carmaker marks down US cars again, introduces new base Model Y
- Musk said he’s willing to sacrifice profitability for growth
A Tesla Model X electric vehicle displayed at the Seoul Mobility Show.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
Tesla Inc. marked down all of its vehicles again in the US after price tweaks throughout the first quarter yielded an incremental sales gain.
The company discounted each version of its higher-volume Model 3 and Y electric vehicles by at least $1,000, and versions of its costlier Model S and X vehicles by $5,000. It also introduced a new base version of the Model Y starting at $49,990.