After continuously raising costs in recent years, Tesla has substantially reduced them throughout its spectrum in the United States and Europe in an apparent attempt to increase sales. The Model 3 RWD has gone from $46,990 to $43,990, while the 5-seat Model Y Long Range has reduced 20% from $65,990 to $52,990. That means the latter model now qualifies for the $7,500 US Federal Tax Credit, resulting in a final price reduction of $20,500 – a savings of more than 30%.
