Tesla Cuts US Prices by $2,000 as Sales Slow, Inventories Swell
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Tesla has reduced the prices of its Model Y, Model X, and Model S vehicles in the US by $2,000 due to disappointing first-quarter sales and increased inventory. The lowest-priced version of the Model Y now costs $42,990, down from $44,990. The price cuts come after a week of significant events for Tesla, including CEO Elon Musk announcing a global headcount reduction of more than 10% and the recall of almost 3,900 Cybertruck pickups. Tesla's first-quarter earnings report is expected on Tuesday.

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https://www.bloomberg.com/news/articles/2024-04-20/tesla-cuts-prices-by-2-000-as-sales-slow-inventories-swell