Tesla Slashes Car Prices Up to 20 Percent

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Tesla Slashes Car Prices Up to 20 Percent
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These are some impressive deals.

The Elon Musk led automaker has cut prices across the board on its new models of EVs — as much as 20 percent cheaper — in the US and Europe, following substantial price cuts in China and other Asian markets that rolled out earlier this month.

Take the Model Y, which got the biggest slash of a whopping 20 percent, down from $65,990 to $52,990. That also means that the Model Y now qualifies for the $7,500 tax credit for EVs as part of the Inflation Reduction Act.

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