Tesla reduces price of base variant of Model 3 and Model Y
(Feb 18): Tesla Inc has reduced the price of its cheaper variants of the Model 3 sedan and the Model Y sports utility vehicle (SUV), while raising prices for their performance variants, the electric-car maker's website showed. The price of its Model 3 Standard Range Plus has been lowered to US$36,990 from US$37,990, while the Model Y Standard Range's price came down to US$39,990 from US$41,990, according to the website. The carmaker has been making various models in its lineup more affordable at a time when legacy automakers are trying to make inroads in the electric vehicle market. The stand...