Tesla Announces Price Cuts Across Select Models

Posted on Friday April 19th, 2024

Model S:

• Long Range: Was $74,990, now $72,990.

• Plaid: Was $89,990, now $87,990.

Model X:

• Long Range: Was $79,990, now $77,990.

• Plaid: Was $94,990, now $92,990.

Model Y:

• RWD (Rear-Wheel Drive): Was $44,990, now $42,990.

• Long Range: Was $49,990, now $47,990.

• Performance: Was $53,490, now $51,490.

This new pricing strategy unfolds as Tesla streamlines operations, which includes reducing their workforce by 10%. In line with these changes, Tesla is also removing inventory adjustments and is set to end certain referral programs by the end of this month. These moves mark a significant shift for the company as it adjusts to the dynamic automotive landscape and continues its commitment to bringing sustainable transportation to the masses.