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. Get Fully Charged

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).