Tesla Is Said to Cut Car Prices In North America, China To Jumpstart Demand

Tesla Inc. (TSLA) is said to cut prices of its electric vehicles by as much as 6% in North America in response to the downturn in auto demand in the area amid the lockdown orders tied to the coronavirus pandemic.According to Reuters, Tesla lowered prices for the Models S, 3, and X in North America as its Fremont factory in California recently resumed production. In China, Tesla will cut the price for its Models S and X by about 4%.The vehicle maker also said its Supercharger quick-charging service will no longer be free to new customers of its Model …read more

Source:: Yahoo Finance

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