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Home » Tesla slashes prices of key models again ahead of earnings

Tesla slashes prices of key models again ahead of earnings

Price cut marks the second for the EV OEM this month

Bloomberg NewsbyBloomberg News
April 19, 2023
in Sales & Marketing
Reading Time: 2 mins read
0
Tesla Model Y electric vehicles in a lot at the Tesla Inc. Gigafactory in Gruenheide, Germany, on Saturday, Jan. 21, 2023. Tesla CEO Elon Musk played down how much impact his tweets have on the company's stock price as he defended himself at a trial in San Francisco federal court on Friday over his 2018 tweet about taking the electric car-maker private.

Photographer: Bloomberg/Bloomberg

Tesla Inc. is cutting prices in the US for the second time this month and just ahead of its latest earnings report, further demonstrating Elon Musk’s willingness to sacrifice profitability for demand. The Austin, Texas-based company marked down each version of its Model Y sport utility vehicle by $3,000. It also cut the cost of […]

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