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Published 13 days ago

Tesla Cuts US Prices by $2,000 as Sales Slow, Inventories Swell

  • Tesla reduced Model Y, Model X, and Model S prices in the U.S. By $2,000 each after missing first-quarter delivery expectations.
  • Tesla North America will terminate referral program benefits in all markets post-April 30.
  • Despite price reductions, Tesla's global vehicle deliveries in the first quarter decreased for the first time in almost four years.
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