In a bid to boost sales, Tesla cuts EV prices in US for the second time
Elon Musk-owned Tesla has slashed the prices of its EVs across its lineup in the US for the second time, which might be in an effort to boost sales before the end of the quarter.
According to TechCrunch, the company has lowered the prices of its Model S sedan and Model X SUV.
The Model S all-wheel drive is now available for $89,990, which is down 5.2 per cent or about $5,000 from $94,990, while the Model S Plaid is now at $1,09,990, down 4.3 per cent from $1,14,990.
In addition, the Model X all-wheel drive is now available for $99,990, down 9.1 per cent or $10,000 from $109,990, while the Plaid is now priced at $1,09,990, down 8.3 per cent from $1,19,990, the report said.
