Tesla lowers prices for electric cars — Reason

11:15 - 22.04.2024

April 22, Fineko/abc.az. Electric car maker Tesla cut prices for electric vehicles worldwide in the 1st quarter after sales fell for the first time in almost four years.

ABC.AZ reports that the company lowered the starting price of Model 3 in China by 14,000 yuans ($1,930) to 231,900 yuans ($32,000).

The price of rear-wheel drive Model 3 in Germany has also dropped from €42,990 to €40,990 ($43,670.75) since February.

Tesla has lowered prices in the U.S.

According to a Tesla representative, price reductions have also occurred in many other countries in Europe, the Middle East and Africa.