Tesla reduces price of nearly every car by $2,000 or more

Tesla cars became cheaper overnight. 

The electric car company decided to give its prices a proper trim without much fanfareElectrek noticed price cuts ranging from $2,000 to $5,000, depending on the model. Tesla later confirmed the price cuts to CNBC. 

The cheapest listed Model 3, for example, now costs $37,990, down from $39,990. The Model S starts at $74,990, which is a $5,000 reduction. And the Model X starts at $79,990, which is $5,000 less than yesterday’s price. 

All the pricier trims are also cheaper than yesterday. For example, a Dual Motor All-Wheel Drive Model 3 with Long Range now costs $46,990, down from $48,990. And the Performance Model 3 costs $54,990, down from $56,990. Pricier Model S and Model X trims all got a $5,000 price reduction.  Read more…

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