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Tesla slashes prices across Europe on Model Y

Baua Electric

The 2024 Model Y (Source: Tesla) Tesla has slashed the prices of its Model Y across Europe this morning, after it reduced prices of its Model 3 and Model Y prices in China to undercut BYD, according to CNBC. In Germany, Tesla reduced the price of its Model Y Long Range by €5,000 to €49,990 ($54,340), a discount of 9%.

Europe 97
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VW gets into a price war with Tesla in Europe

Baua Electric

Volkswagen said it wouldn’t get involved in a price war with Tesla. But now it too is dramatically slashing prices on its ID line of electric vehicles in Europe, following Tesla’s price cuts for the top-selling Model 3 and Model Y. VW trailed Tesla by a long shot in EV sales in France. million in 2022.

Europe 52