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Tesla cuts EV sales prices by up to $ 5,000 in North America and China. Model 3 starts at $ 37,990-Japan version of Engadget


Tesla has lowered the EV sales price of the entire new car EV lineup in North America and China. Reuters reportedly reduced the price by 6%, up to $ 5,000. The spread of the new coronavirus (COVID-19) has hit the economies around the world, and in particular, automobile sales in April may be halved compared to the previous year, according to J.D. Power. However, sales in May are likely to significantly rebound due to deferred demand and the addition of incentives at many automobile manufacturers.

It could be said that the price cut of Tesla is also in line with the forecast. According to Electrek, luxury models Model S and Model X are $ 5,000 (about 540,000 yen, both Long Range Plus and Performance models), and hot selling Model 3 is $ 2000 (about 215,000 yen, Standard Range Plus model) We are also reducing prices.

On the other hand, small SUVs,Model Y has just begun shipping in the US in MarchAs a result, there is no change in the selling price in the Tesla lineup.

According to Reuters, Tesla also lowered the price of the Model S / X imported and sold from the US by 4% in China. However, the locally-produced Model 3 is said to remain priced.

Tesla was forced to shut down the factory due to the effects of the new coronavirus, and as a result, new cars could not be produced from mid-March to almost April. However, unlike other automobile manufacturers, there are many back orders for the Model Y and Model 3, so it can be considered that the new Corona had almost no impact on the demand side. Two weeks ago, Tesla restarted the plant, ignoring Alameda County's closure order.

However, because the line has stopped for more than a month, those who have been in the queue for reservations more than a year ago may have escaped the delivery time a little more.

Tesla says that it will no longer grant free usage rights for the Super Charger for the fast charging stations for the reduced model S and Model X.

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