Tesla cuts prices across lineup, Model 3 now starts at 37,990 Electrek

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Tesla has cut prices on the Model S and X, with price drops of 15-19% in the US on all trim levels (and similar cuts in the rest of the world), except for the brand-new Standard Range model.

Tesla cuts prices across lineup, Model 3 now starts at 37,990 Electrek


One tweet posted on Friday reads: "Tesla screws with people so much when they drop price by $20k+. I just picked up my Model S Plaid one day ago, drove less than 100 miles on it and I'm.

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6:00 Marianne Simmons, a self-professed "Tesla fan girl," bought her second electric vehicle from the company in September: a white, high-performance Model Y ringing in at more than $77,000. Then.

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Tesla has announced a series of price cuts, including a $3,000 reduction in the cost of Model Y vehicles and a 4.7% cut in the price of Model 3. The move comes after the company narrowly missed Wall Street expectations in the first quarter of 2023, with gross margins dropping significantly year-over-year. You might also like

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The Model Y Long Range's new base price -- which is valid through March 31 -- is $53,490, down $13,950 from the original price, according to the Tesla website. Davis therefore estimates that.

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The Tesla Model Y and Model 3, California's #1 and #2 best-selling vehicles, are once again eligible for California's $2,000 electric car rebate after steep price drops last month which bring.

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#1 So when I placed my order for my LR AWD MY pearl white/black interior/geminis in late June, I was content with paying the $52,990 + tax and fees for the car. The form told me I had a 4-6 week wait ahead of me, so I settled in and didn't think about it. About 10 days later, I got a VIN and was told my car would be ready in 2 days on July 7.

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On January 13, Tesla announced price reductions of between 6% and 20% for the Model 3 sedan and the Model Y SUV in the US, according to calculations from Reuters. Tesla had already reduced.

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Now, it once again slashed prices, following the Biden administration's new guidance on which electric vehicles (EVs) are eligible for tax credits. Tesla cut $5,000 off both the Model S and.

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The latest move sees the starting prices of the 2023 Model S and '23 Model X drop by roughly $5000 and $10,000, respectively.. There are currently no reports of Tesla offering refunds following.

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How much did Tesla prices drop? Tesla's Model S dropped 5% to $89,990, while its Model X dropped 9% to $99,990, according to the company's website.

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81 Comments Tesla is shutting down buyers in China who are protesting after missing out on significant price drops in the country. The company stated that it will not compensate them. Last.

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Owners have also grumbled about a decline in the value of used Tesla vehicles, prices of which plunged 17% from a peak of $67,297 in July to $55,754 in November, according to a recent Reuters.

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Tesla cut the price for a Model Y by £7,000 to about £45,000, or $55,000; while an entry-level Model 3 is now £8,100 cheaper at about £43,000, or $52,600, the Evening Standard reported.

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Tesla has massively cut prices across new models in the US (update: and Europe), with the largest price drop occurring on the Model Y, which is now $13K and 20% cheaper than it was yesterday.

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Tesla's price cuts have been the biggest among new-car sellers. Its more expensive models took the biggest hit. Model Y base prices are down 20% to start a $53,000, the performance edition of.