Tesla’s Price Cuts in Japan Make Its EVs More Affordable

Tesla Inc slashed prices in Japan for its Model 3 and Y electric vehicles, the company said on Tuesday, the latest step in a global price war to boost volumes and counter competitive threats. The carmaker cut the price of the lower-priced Model 3 SR in Japan by low single-digit percentages, its website showed, while it reduced those of all Model Y variants by around 4%. The company kept the prices of its higher-priced Model S and X unchanged. Tesla said the price reduction made the Model 3 more affordable in Japan than before when using various subsidies with the … Continue reading Tesla’s Price Cuts in Japan Make Its EVs More Affordable