Tesla cuts US prices for fifth time since January


TESLA cut prices in the United States between 2% and nearly 6%, its website showed on Thursday, as the company extends a discount drive on its electric vehicles that analysts caution could hurt profitability.

The fifth such cut in Tesla's largest market since the start of the year comes as the United States prepares to adopt tougher standards this month that are expected to limit EV tax credits.

Get 20% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 11.12/month

Billed as RM 11.12 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 9.87/month

Billed as RM 118.40 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Tesla , discount , electric vehicles , profit

Next In Business News

South Korea shares rise ahead of Nvidia earnings
Asia-Pacific region to grow 4.2%; AI boom to cushion headwinds
Japan's Nikkei reverses course to rise as chip shares track South Korea�rebound
Commodity vessel transits through Strait of Hormuz hit three-month low�data shows
Lego sales rise as World Cup products draw new customers
New Sinopec boss presses reset for world's biggest oil refiner
Asia-Pacific airlines to maintain growth despite cost headwinds - S&P
VW CEO faces workers angry over his plan to cut 100,000 jobs
China taps AI for tax system modernisation drive
Dollar struggles for traction as markets weigh Iran sanctions, Treasury buybacks

Others Also Read