Tesla Model 3 vehicles are shown for sale at a Tesla facility in Long Beach, California, U.S., May 22, 2023.
Tesla cut the prices for its Model 3 sedan to $38,990 from $40,240, while the price for its Model Y long-range vehicle was cut to $48,490 from $50,490, the website showed.
The company also cut prices for its Model Y performance variant to $52,490 from $54,490.
Prices for the higher-priced Model S and Model X did not change either.
This is the first time that the EV maker has cut prices of any of its models in the U.S. since early September, when it slashed the prices for its premium Model S and Model X cars.
Mike Blake, Elon Musk, Tesla, Urvi, Rashmi Aich
Tesla, REUTERS, Thomson
Long Beach , California, U.S, Bengaluru