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Dubai News Club > Tech > Tesla cuts prices in the US and Europe by up to 20 percent
Tech

Tesla cuts prices in the US and Europe by up to 20 percent

Press Room
Last updated: 2023/01/13
Press Room
Published: January 13, 2023
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Tesla is cutting prices throughout Europe and in the US. Reuters reports that prices for a Model Y rear wheel drive have dropped by 17 percent in Germany, with cuts of 20 percent for the Model Y long range in the US. Tesla has also cut prices for its Model X and Model S in the US. The price cuts arrive less than a year after Tesla made multiple price hikes in 2022.

Today’s changes put the prices of the Model 3 and Model Y below the listed price they were at before Tesla’s initial big…

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