Tesla slashes prices across all its models in a bid to boost sales
The price cuts will make Tesla more competitive and will also mean the base model of the Model Y, the best-selling electric vehicle in America, could qualify for a revamped federal tax credit.
by Camila Domonoske
Jan 13, 2023
2 minutes
Tesla has cut the prices of its most popular models by up to 20% in the U.S. and Europe in an effort to boost sales as competition intensifies — a move that ensures more of its models can qualify for a federal tax credit for electric vehicles.
The price cuts will make the Model Y, the best-selling electric vehicle in the
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