Tesla cuts prices on its most expensive models | CNN Business

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Tesla has cut prices on its two most expensive electric vehicles in the United States -- days after CEO Elon Musk said recent price cuts on other models had stoked demand.

Tesla has cut prices on its two most expensive electric vehicles in the United States, according to the company’s website, days after CEO Elon Musk said recent price cuts on other models had stoked demand. The price cuts, Tesla’s fifth adjustment since the start of the year, ranged from 4% on the performance version of the Model S to 9% on the more expensive Model X.

It has been adjusting prices since with a pace and frequency that goes beyond what established automaker’s have attempted in an industry where a car’s base price is still referred to as a “sticker price” on a vehicle in inventory. The Model S and Model X, which come in base all-wheel drive and performance “Plaid” editions, represented about 4% of Tesla’s global deliveries in 2022. Its two cheaper models, the Model 3 sedan and Model Y crossover, made up the rest.

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elonmusk and ruined equity for previous buyers. This is a man who doesn’t give a shit about anyone but himself.

NO F ING THANKS

Los blindamos?

it is called doing business

They're still $90k cars. 99% of the world can't afford that. Even if you buy the cheapest model, the battery is at least 10 gs if you need to replace it. They're far away from being anything other than a luxury item.

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