As Elon Musk’s SpaceX tried to soar to new heights Wednesday, Tesla announced it would bring down its car prices.
His electric vehicle and clean energy company reduced the price of the Model 3, Model S and Model X in North America, according to Tesla’s website.
• The lowest-priced sedan, the Model 3, dropped $2,000 across all trims, and the entry-level Standard Range Plus Model 3 starts at $37,990.
• Model S gets a $5,000 price cut, starting at $74,990 for its entry-level Long Range Plus version.
• Model X dropped by $5,000, starting at $79,990. Its Performance version got a $5,000 cut.