Tesla Inc. slashed prices of its Model S sedan and Model X SUV in the US late Sunday night by $5,000 and $10,000 respectively as the company seeks to goose demand in the final month of the quarter.
Tesla Inc. cut prices on its Model 3 and Model Y electric vehicles in China by more than 10%, while also announcing prices for Model S sedans and Model X sports utility vehicles that it’s introducing to get a better grip in the premium end of the world’s biggest EV market.