Tesla cuts prices of some models in Germany and Europe

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Go back to Tesla cuts prices of some models in Germany and Europe

Tesla expands price cuts to China, Germany after reducing FSD cost; shares down

April 22, 2024 4:02 AM EDT

(Updated - April 22, 2024 4:50 AM EDT)

Tesla has announced fresh price cuts in several key markets, including China and Germany, days after similar reductions in the United States, as the company continues to struggle amid declining sales and increasing competition in the electric vehicle (EV) market.

The company's shares fell over 3% in premarket trading Monday.

The... More