Tesla offers rare year-end discounts on two top-selling models

Tesla may be offering the discounts to juice sales before the end of the year in an effort to meet a pledge to grow vehicle sales by 50%. — AP

DETROIT: Tesla Inc is offering rare discounts through year's end on its two top-selling models, an indication that demand is slowing for its electric vehicles.

The Austin, Texas, company started offering a US$3,750 (RM16,605) incentive on its Model 3 sedan and Model Y SUV on its website earlier this month, but on Wednesday doubled the discount to US$7,500 (RM33,210) for those who take delivery between now and Dec 31.