Tesla’s latest US price cuts bring the Model 3 below $40,000

The Tesla logo on a red, black, and white background. The entire Model Y range has also been discounted by $3,000. | Illustration: Alex Castro / The Verge

Tesla has cut the price of its Model 3 and Model Y vehicles in the US for the second time this month, reducing the starting price of Tesla’s most affordable EV below $40,000 (before incentives). The adjusted pricing has been rolled out shortly before Tesla is expected to release its quarterly earnings report later today.

The Model 3 Standard Range RWD has been reduced from $41,990 to $39,990. That’s not the cheapest price we’ve seen for the EV — Tesla had previously offered the Standard Range model for Read Entire Article

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