- Tesla has significantly reduced prices across its EV lineup in the US and Europe.
- The least expensive EV, the Model 3 RWD, has dropped from $46,990 to $43,990.
- The 5-seat Model Y Long Range has dropped 20 percent from $65,990 to $52,990.
- This means the Model Y Long Range now qualifies for the $7,500 US Federal Tax credit, resulting in a final price drop of $20,500 — over 30 percent.