Tesla has slashed the prices of its Model 3 sedan and Model Y SUV between 6% and 20% in the US, as it reverses strategy after demand tapers
Tesla also slashed EV prices in the European markets like Germany, Austria, Switzerland, and France, perThe price cuts for the the Model 3 and Model Y in Germany range between 1% to 17%, the news agency reported.
The carmaker's latest price cuts came after similar moves in China, Japan, South Korea, and Australia, in a bid to boost demand for cars made in Tesla's Shanghai factory,The discounts are a reversal from Tesla's earlier strategy in 2022, when the EV maker
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