Tesla cuts Model Y prices in Germany after China price cuts
Tesla Inc has slashed prices of its Model Y cars in Germany, a week after the carmaker reduced its Model 3 and Model Y prices in China. Tesla reduced prices for Model Y Long Range and Model Y Performance by 5,000 euros to 49,990 euros ($54,340) and 55,990 euros respectively, representing a discount of 9% and 8.1% compared to the previous prices. The latest price cut comes after Tesla announced last week that it would suspend most of its car production at its factory near Berlin from Jan. 29 to Feb. 11.