Tesla slashes prices amid slumping sales ...Middle East

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Tesla slashes prices amid slumping sales
Tesla dropped the prices of its vehicles globally on Friday as the largest electric vehicle manufacturer faces declining sales.  The prices of the Model X, Model Y and Model S — three of its four best-selling vehicles — were each reduced by $2,000, days after the company recorded below-anticipated delivery figures for the first quarter of 2024. Prices for the Model 3, its standard sedan, stayed put. The small SUV Model Y is the company’s best-selling car and the most popular electric vehicle in the country. When accounting for federal tax credits and estimated gas savings, a Model Y now starts at just under $30,000, the automaker announced, adding that “affordability is key to ou

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