Tesla Slashes Up To $13k Off Prices In U.S. And Europe To Counter Sales Slowdown | Carscoops carscoops
around the country, the automaker has pulled the same stunt in Europe and North America.
The reductions affect the Model 3 and Model Y lines and mean some cars now cost around 20 percent less than they did earlier this week. The entry-levelSignificantly, that puts the Model Y under the $55,000 tax credit cap for electric cars, with the IRS having declared that the five-seat Y isn’t an SUV and so the $80,000 SUV cap doesn’t apply. You can read our exclusive explanation of that minefield by clicking here.
It’s a similar if slightly less incredible story in Europe. The UK government scrapped its EV grants last year, but an entry-level Model Y now costs £44,900, down from £51,990, and buyers can also make big savings , which now starts at £42,990. In other countries such as France, where EV subsidies still exist, the newly reduced Model 3 now falls below the €47,000 threshold.Wow, Tesla just announced massive price drops in the US across the board. Model Y LR is now $13,000 cheaper before the tax credit and $20,500 cheaper including the tax credit.In case you are wondering if this affects my delivery estimate for Q1, yes, yes it does.
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