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Tesla cuts US prices ahead of earnings report

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© Reuters. FILE PHOTO: Visitors look at a Tesla Model 3 electric vehicle (EV ) at the third China International Consumer Products Expo, in Haikou, Hainan province, China April 12, 2023. REUTERS/Casey Hall

(Reuters) – Tesla (NASDAQ:) Inc late on Tuesday further slashed the U.S. prices of some of its Model 3 and Model Y electric vehicles, according to its website.

The prices of both the Model Y Long Range and Performance vehicles were cut by $3000. The cost of a Model 3 Rear Wheel Drive will be cut to $39,990 from $41,990.

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