San Francisco. Elon Musk-owned Tesla has slashed the prices of its EVs in the US for the second time, in what could be an attempt to boost sales before the end of the quarter.
According to TechCrunch, the company has slashed the prices of its Model S sedan and Model X SUV.
The Model S All-Wheel Drive is now available for $89,990, down 5.2 percent from $94,990 or nearly $5,000, while the Model S Plaid is down 4.3 percent from $114,990 to $109,990.
In addition, the Model X all-wheel drive is now available for $99,990, down 9.1 percent from $109,990, or $10,000, while the Plaid now costs $109,990, up from $119,990, the report said. 8.3 percent less.
In January, Tesla drastically slashed the prices of EVs in its lineup in the US and Europe in an effort to boost sales, as its stock plunged more than 60 percent.
The cheapest EV, the Model 3 RWD, has dropped from $46,990 to $43,990, while the Model Y Long Range has dropped 20 percent in price to $52,990 from $65,990.
Prices were cut for other models as well, including the performance versions of the Model 3 and Model X, and the plaid versions of the Model S and Model X(IANS)
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