price drops

Tesla Discounts Existing Inventory Across Entire Lineup

In a bid to entice buyers amid economic uncertainty, heightened competition, and the upcoming redesign of its main model, Tesla Inc has ramped up discounts on some already-produced new Model 3 electric cars. It has also offered discounts on the Model Y, and other models in its U.S. inventory. According to the Tesla website, a […]

2023 Tesla Model 3/Y Get Price Drops in Australia

Tesla has once again adjusted the prices of its 2023 Model 3 and Model Y electric vehicles in Australia, marking a decrease just weeks after the last increase and a few months after a similar round of price reductions, reports Drive. The automaker has lowered the price of the entry-level rear-wheel-drive and Long Range variants […]

Tesla Drops Prices in South Korea Again, as New Subsidies Debut

Tesla has dropped the prices of its Model 3 and Model Y in South Korea for the second consecutive month, with these vehicles now qualifying for the country’s subsidies for electric vehicles. The nation’s subsidies are 2.6 million won (about $2,120 USD), while local government subsidies have yet to be announced. Thusly, the following price […]

Tesla Says Price Cuts Made Possible by ‘Normalizing’ Inflation

Tesla on Friday explained that its recent price cuts, which drove down the stickers on its electric vehicles (EVs) by up to a whopping $21,000 USD in the U.S., were made possible by the “normalization of cost inflation” — reports Reuters. According to the company, the price drops are making its top-selling EVs more accessible […]

Tesla Updating Order Agreements to Reflect Latest Price Drops

Image via Reddit (credit: unknown) Tesla made drastic price cuts across its entire vehicle line up on Thursday evening, and now the company is informing those with existing Order Agreements their cars will be updated with the latest pricing, informing customers in the U.S., Canada and Europe where these price drops took place. According to […]

Tesla Lowers Price of Model 3 and Model Y in China

Tesla has announced a price drop for the Model 3 and Model Y in Mainland China. According to Tesla on Weibo, the company said (via Google Translate), “From now on, the price of Model 3 and Model Y sold by Tesla in mainland China will be adjusted. After the adjustment, the starting price of the […]

GM Drops Chevy Bolt Pricing By Up to 18% as Production Resumes

General Motors Co. is doing what virtually no other automaker, let alone electric vehicle (EV) maker, is doing right now: lowering prices. The veteran automaker is reducing the base prices for both the 2023 Chevy Bolt EV and Bolt EUV by up to 18% compared to the 2022 model year — reports The Verge. The carmaker’s […]