It became known how Tesla reduced the prices of electric cars around the world

Tesla reduced the cost of electric cars in different countries. The American manufacturer's cars became cheaper in the U.S., China and Europe. Now it has become known why Tesla reduced prices.

Here's What We Know

Representatives of the German division of Tesla said that the key reason was the partial normalization of cost inflation. Approximately the same explained the drop in prices of electric cars in the office of Tesla China.

Last week we wrote that in the U.S. the price of cars of Elon Musk company fell by 6-20% without taking into account the Federal Tax Credit ($7,500). Only three cars have the privilege: Model 3, Model 3 Performance, and Model Y. This is due to the fact that their cost is less than $55,000.

The Model S in the Plaid modification has fallen in price the most in the U.S. Its cost dropped from $135,990 to $114,990. The Model X crossover in the Plaid configuration now sells for $119,990 instead of $138,990. But the Federal Tax Credit does not apply to them.

Source: Electrek