EV giant Tesla Inc TSLA has cut prices on its Model Y and 3 vehicles in the United States, according to the company website.
What Happened: The company cut the price on its Rear Wheel Drive (RWD) and Long Range Model 3s by $1,250 and the starting price on the Performance trim by $2,250.
The Long Range and Performance trims of Model Y, meanwhile, are now priced $2000 lower.
The price of the Model Y RWD, launched earlier this week, remains unchanged at $43,990. The new vehicle is, however, priced lower than the all-wheel drive version it has replaced by $3,750.
The new starting prices are as below:
| Vehicle | New Price (In $) | Old Price (In $) |
| Model 3 RWD | 38,990 | 40,240 |
| Model 3 Long-Range | 45,990 | 47,240 |
| Model 3 Performance | 50,990 | 53,240 |
| Model Y RWD | 43,990 | 43,990 |
| Model Y Long Range | 48,490 | 50,490 |
| Model Y Performance | 52,490 | 54,490 |
Photo by Roschetzky Photography on Shutterstock
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Read More: Tesla’s Latest Model Y RWD: Affordable, Efficient And Winter-Ready, Says Elon Musk
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