Tesla cut the price of some Model 3 and Model Y versions in the U.S. after the company reported third-quarter deliveries that missed market expectations.
The starting price for the Model 3 is listed at $38,990 on Tesla’s website, down from $40,240 previously. The long range Model 3 fell from $47,240 to $45,990. And the Model 3 Performance fell to $50,990 from $53,240.
Tesla’s Model Y Performance sports utility vehicle now starts at $52,490, down from a previous price of $54,490.
Beginning at the end of last year, Tesla began cutting the prices of its cars across the world in a bid to stoke demand amid concerns over slowing consumer spending in markets like the U.S. and China and as competition in the electric vehicle space ramped up.
For most of us that’s the best solution we can do. I’ve already cut out all the waste I can, I grow my own vegetables, I’m getting rain barrels and compost for my garden, I tried to get solar but the cost was too prohibitive here, I have shopped non-plastic alternatives everywhere i can, I limit travel as much as I’m allowed, but I need to drive to work like most Americans. My government will not be expanding public transit, there’s no interest at the federal or state levels and my local level just throws up racist dogwhistles about crime spreading if they add trains or buses every time the public petitions for it.
An electric car is the best I can do, I won’t let perfect be the enemy of good.