Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations.
The starting price for the Model 3 is listed at $38,990 on Tesla’s website, down from $40,240 previously. The long range Model 3 fell from $47,240 to $45,990. And the Model 3 Performance fell to $50,990 from $53,240.
Tesla’s Model Y Performance sports utility vehicle now starts at $52,490, down from a previous price of $54,490.
Beginning at the end of last year, Tesla began cutting the prices of its cars across the world in a bid to stoke demand amid concerns over slowing consumer spending in markets like the U.S. and China and as competition in the electric vehicle space ramped up.
In the US we live where options other than cars simply aren't subsidized or funded meaningfully for transit. This means yeah people who have to survive are going to be buying cars if they need them.
Keeping one’s existing car if less than 20 years old, or buying a used efficient hybrid or used electric would both go further than buying a brand new electric. The typical capitalism throwaway wasteful lifestyle of the last century isn’t going to stop climate change, even if it has a cute green leaf icon on the dashboard.