Tesla lowered prices for its electric vehicles in numerous European markets, Israel and Singapore, continuing a global discount push that began in China in January aimed at spurring demand
on Friday slashed prices for its electric vehicles in Europe, Israel and Singapore, expanding a global discount drive it began in China in January while raising concerns about its industry-leading profit margin.
this year in the U.S. market, as Washington prepares to introduce tougher standards that will limit EV tax credits. Tesla said on Friday it cut prices in numerous European markets including Germany and France because of a scaling up and improvement in its production capacity. Tesla also cut prices in Israel, with the price of the base rear-wheel drive Model 3 slashed by 25% after an initial round of global price cuts in January.
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