Tesla slashes Model Y SUV price as pandemic weighs on auto sector – ZAWYA

Tesla slashes Model Y SUV price as pandemic weighs on auto sector – ZAWYA

Tesla slashes Model Y SUV price as pandemic weighs on auto sector | ZAWYA MENA Edition HomeBusinessArticleTesla slashes Model Y SUV price as pandemic weighs on auto sector Reduction follows price cuts in May on Tesla's Model 3, Model X and Model S    Tesla Inc CEO Elon Musk attends an opening ceremony for Tesla China-made Model Y program in Shanghai, China January 7, 2020. Tesla Inc cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the U.S. electric carmaker seeks to maintain sales momentum in the COVID-19 pandemic.The reduction follows price cuts in May on Tesla's Model 3, Model X and Model S.The company headed by Elon Musk this month posted a smaller-than-expected fall in car deliveries in the second quarter, resilient results despite the pandemic that hit the global auto industry. The reduction follows price cuts in May on Tesla's Model 3, Model X and Model S.Tesla Inc cut the price of its sport utility vehicle Model Y by $3,000, just four months after its launch, as the U.S. electric carmaker seeks to maintain sales momentum in the COVID-19 pandemic.The company headed by Elon Musk this month posted a