Tesla cuts EV price between 4% and 9% | U.S. Model S and Model X

In the US, Tesla has reduced the cost of its two most expensive electric automobiles.

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The price reductions mark Tesla's fifth change since the beginning of the year.

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The price reductions mark Tesla's fifth change since the beginning of the year.

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"People have a strong desire to own a Tesla. Their capacity to purchase a Tesla is what limits them."-Elon Musk

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A request for comment regarding the most recent price reductions was not immediately answered by Tesla.

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The Model S and Model X, represented about 4% of Tesla’s global deliveries in 2022.

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The rest was made up of its two less expensive vehicles, the Model 3 sedan and Model Y crossover.

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Prices of both the performance and basic variants of Model X cars were cut by $10,000, the Tesla’s website showed.

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The Model Y will change next year, and a new version of the Model 3 with the codename "Highland" will also be available.

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According to Tesla's website, both versions of the Model S now cost $5,000 less.

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