Tesla slashes Model Y SUV price as pandemic weighs on auto sector

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Tesla slashes Model Y SUV price as pandemic weighs on auto sector 1 The reduction follows price cuts in May on Tesla’s Model 3, Model X and Model S. The company headed by Elon Musk this month posted a smaller-than-expected fall in car deliveries in the second quarter, resilient results despite the pandemic that hit the global auto industry. The Model Y now starts at $49,990, down nearly 6% from its previous price of $52,990, according to the carmaker’s website.

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Tesla slashes Model Y SUV price as pandemic weighs on auto sector originally appeared on Autoblog on Sun, 12 Jul 2020 20:31:00 EDT. Please see our terms for use of feeds.

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