Just a few weeks into the second quarter of 2024, Tesla has decided to reduce
the prices of three of its electric cars—Model S, Model X and Model Y—by $2,000 in the U.S. It now brings the Model Y alone to its lowest price ever.
The latest price change comes after a difficult first quarter when Tesla's EV production and deliveries decreased year-over-year.
This led to a noticeable increase in the number of cars produced, but not sold.
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Tesla Model Y become more affordable
The Tesla Model Y is the U.S.'s most popular all-electric car model.
Due to the latest price reduction, the entry-level RWD version starts effectively at $37,130 ($42,990 plus $1,640 in obligatory fees and after the $7,500 tax credit).