San Francisco, March 6 : Elon Musk-owned Tesla has slashed the prices of its EVs across its lineup in the US for the second time, which might be in an effort to boost sales before the end of the quarter. According to TechCrunch, the company has lowered the prices of its Model S sedan and Model X SUV. Honda City Facelift Launched in India With Tons of Updates, New Variants; Here’s Everything You Need To Know.

The Model S all-wheel drive is now available for $89,990, which is down 5.2 per cent or about $5,000 from $94,990, while the Model S Plaid is now at $1,09,990, down 4.3 per cent from $1,14,990. Maruti Suzuki Jimny and Fronx Bookings To Cross 35,000 Mark, Launch Imminent; Find Specs, and Launch Details Here.

In addition, the Model X all-wheel drive is now available for $99,990, down 9.1 per cent or $10,000 from $109,990, while the Plaid is now priced at $1,09,990, down 8.3 per cent from $1,19,990, the report said. In January, Tesla drastically lowered the prices of EVs across its lineup in the US and Europe, in an effort to boost sales as its stock plummeted more than 60 per cent.

The least expensive EV, the Model 3 RWD, has dropped from $46,990 to $43,990, while the Model Y Long Range's price decreased 20 per cent from $65,990 to $52,990. Price reductions were made to other models too, including the performance versions of the Model 3 and Model Y, and the plaid versions of the Model S and Model X.

(The above story first appeared on LatestLY on Mar 06, 2023 04:17 PM IST. For more news and updates on politics, world, sports, entertainment and lifestyle, log on to our website latestly.com).