Tesla Model 3 And Model Y
Image Credit source: Tesla
Tesla Car Price Cut: A 6 to 20 percent drop in the prices of Model 3 and Model Y has been registered in the US market. Apart from this, the prices of Model X have also been cut. Elon Musk’s auto company has been facing lack of demand for a long time.
Tesla Car Price: America’s leading electric car company Tesla But the crisis is getting deeper. In view of the huge reduction in demand, the company has again cut the prices of cars. before this Elon Musk Key auto company tightens Tesla cars in China discount Have given. Now the prices of Tesla cars have been cut for the US and Europe market. The price of luxury electric cars like Model 3, Model X and Model Y has been reduced by up to 20 percent. Next, let us see which car has been cut the most by Tesla.
The price cut is in sharp contrast to Tesla’s strategy over the past two years, when orders for new cars outpaced supply. Earlier, Tesla CEO Elon Musk warned that the possibility of recession and high interest rates means it may reduce prices by reducing profits to maintain growth. Musk admitted last year that prices had become embarrassingly high, and that demand could be hurt.
Price reduced by 6-20%
According to a Reuters report, the prices of Model 3 sedan and Model Y crossover SUV have been cut by 6 to 20 in the US market. This deduction is before the federal tax credit of up to $ 75,00 (about Rs 6 lakh), which has come into force since January for many electric vehicles. Apart from this, the company has also reduced the prices of Model X luxury crossover SUV and Model S sedan.
Cheap Tesla car in Europe too
Talking about the European market, the prices of Model 3 and Model Y have decreased by 1 to 17 percent in Germany. However, the deduction will be decided on the basis of the configuration of the luxury electric cars. Apart from this, people in the markets of Austria, Switzerland and France can take advantage of the discount. In America, the long range model of Model Y has become 31 percent cheaper after Tesla’s new price and American subsidy.
Tesla Benefit up to ₹60 lakh
To increase car sales, Tesla is including vehicles in the lineup that will benefit from tax credits offered by the Biden administration. Prior to the price cut, the 5 seater version of the Model Y was not eligible for this credit scheme. However, after the price cut, customers can avail a federal tax credit of up to $75,00 (roughly Rs. 6 lakhs).
