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Tesla slashes prices for some Model Y cars in the US

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WASHINGTON: Tesla Inc has temporarily cut prices of some of its Model Y cars in the US until Feb 29, less than a month after the carmaker cut Model Y prices in Germany.


Tesla reduced prices for its Model Y rear-wheel drive and Model Y Long Range by $1,000 to $42,990 and $47,990 respectively, representing a discount of 2.3% and 2% from previous prices.


Prices of the Model Y Performance variant and other models remained unchanged, according to the website.


New Model Y rear-wheel drive and Long Range model prices will be reduced for deliveries now through Feb 29, Tesla said in a notice on its website, adding that that price would increase by $1,000 or more on March 1.


Tesla slashed prices of its Model Y cars in Germany last month, after most of its car production at its Berlin factory was suspended due to a lack of components after attacks in the Red Sea caused shipping disruptions. — Reuters


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