Tesla Inc. has cut the price of its Model Y crossover by $3,000 less than four months after starting sales. The starting price is now $49,990, according to Tesla’s website. The Model Y reduction is the second significant price cut Tesla has made to its vehicles in roughly six weeks. (Also Read: Tesla Model 3 sedan to arrive in India? The blog Electrek reported the Model Y price cut earlier Saturday.

Source: Hindustan Times July 12, 2020 06:56 UTC