After a week of disaster after disaster, Tesla has decided to reassure investors that it's still a safe bet … by discounting prices around the world.
Tesla Model 3 total cost after 5 years! I am shocked
Prices began to drop on Friday, when Elon Musk's electric car operation cut $2,000 off the price of the Model Y, X and S while leaving sticker prices unchanged on the Model 3 and Cybertruck. On Saturday, Model 3 price tags had shrunk in China and Germany. Other cuts were reported around Europe, the Middle East and Africa, a Tesla spokesperson told Reuters.
Tesla also cut its so-called Full Self-Driving subscription by a third in the US over the weekend, dropping the price from $12,000 to $8,000.
On his social media platform X over the weekend, Tesla supremo Elon Musk said price adjustments are an important part of doing business in the auto industry.
