Tesla Reduces Global Price of Model S and X by up to 20% and Qualifies for US Tax Incentive

  • The Model S and X prices are cut by 15-19%, with the base price now at $74,990 and $79,990, respectively.
  • The Model X now qualifies for a tax credit under the Inflation Reduction Act, making it cheaper than Model S for certain income earners.
  • The price cut has sparked concerns among existing Tesla owners due to a decrease in resale prices.
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