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Tesla Reduces Cost Of EVs To Save Sales

Tesla has corrected the pricing of its electric vehicles after reducing federal benefits in the United States. The Americans could save $7,500 when buying electric cars before. However, since January 1, 2019 this amount has been reduced by half.

Therefore, Tesla decided to partially compensate the federal tax credit reduction by means of lowering prices for its models.

Thus, prices of the Model S, Model X and Model 3 in the United States decreased by $2,000. Customers can apply for a federal tax credit of $3,750 for new deliveries starting from January 1, 2019, and are eligible for benefits under several government programs that range up to $4,000.

While the previous price of the Tesla Model 3 (pictured) with a medium-range battery was $46,000, it becomes $44,000 now.

 Currently, Tesla prices are as follows:

  • $76,000 instead of $78,000 for the Model S 75D;
  • $82,000 instead of $84,000 for the Model X 75D;
  • $94,000 instead of $96,000 for the Model S 100D;
  • $97,000 instead of $99,000 for the Model X 100D.

Source: Electrek

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