Tesla has reduced the price of Model 3 by $3,210 – the electric car already costs less than $40,000

Tesla is once again reducing the price of popular electric vehicles. Model 3 and Model Y, the best-selling models, have recently fallen in price

cars from Elon Musk's company.

What is known

Tesla Model Y went up in price at the beginning of the month, but recently the price of the electric car in the Dual-Motor Long-Range AWD modification fell by $560. The vehicle is currently priced at $55,460.

Tesla Model 3 with Rear Wheel Drivefell in price much more significantly. The price has dropped $3,210 to $39,530, and buyers can also count on half the federal deduction ($3,750).

What is the reason for the next price cut, so farhard to say. Perhaps Tesla just wants to increase sales of electric vehicles by the end of the second quarter of 2023, so that later they can show off the volumes in the financial report for April-June.

Another reason may be the desire of the companyGet rid of stock before releasing new models. Tesla is working on an updated version of the Model Y. The electric car is codenamed Juniper and will hit the market probably next year. There are also rumors about the appearance of an updated Model 3, codenamed Highland.