Tesla, the renowned electric vehicle (EV) manufacturer, has announced its fifth round of price reductions in just over three months, further slashing prices across its EV lineup in the US, according to Reuters. The price cuts range from $1,000 for the Model 3 to as much as $5,000 for the Model S and Model X. The base Model S has seen a staggering drop of $20,000 since 2022, and the Model S Plaid is now over $25,000 cheaper than a few months ago, as highlighted by Electrek.
