Tesla cut U.S. prices between 2% and nearly 6%, its website showed Thursday, as it extends a discount drive that analysts caution could hurt profitability.
A Tesla electric vehicle drives past the Tesla Inc Santa Monica Place store, in Santa Monica, California on March 20, 2023.cut prices in the United States between 2% and nearly 6%, its website showed on Thursday, as the company extends a discount drive on its electric vehicles that analysts caution could hurt profitability.
Tesla cut prices on both versions of its Model 3 sedan by $1,000 and on its Model Y crossover by $2,000, the website showed. It also cut prices on both versions of its more expensive Model S and Model X by $5,000.
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