Tesla Slashes Prices Across Lineup, Making EVs More Affordable and Competitive

Tesla has cut prices significantly on the Model 3, Model Y, Model S, and Model X, with the Model 3 now starting at just $38,990.

The price drops make Tesla's vehicles more competitive against other EVs like the VW ID.4, which may explain Tesla's market dominance.

The Model Y is now the best selling car globally after recent price cuts brought it below $50k.

Tesla can afford to cut prices deeply while maintaining profits due to high margins, putting pressure on other automakers.

The Model 3 is now one of the best EV deals available, providing great value especially with tax credits.