Tesla Cuts Prices In Germany As Model Y Sales Crater

Last year, with CEO Elon Musk prioritizing sales over profits, Tesla slashed prices in the U.S. Of course, it didn’t happen all at once. It felt like every few weeks the price of a new Tesla was changing yet again. And while the pricing changes may have upset some buyers whose Teslas’ values dropped dramatically, it did lead to better sales. Now, as Automotive News reports, Tesla is trying that same approach in Germany.

Both the Model Y Long Range and Model Y Performance are now €5,000 cheaper, bringing their prices down nine percent to €49,990 and eight percent €55,990 respectively. The rear-wheel drive Model Y now costs €42,990, which works out to a discount of €1,900 or 4.2 percent.

Read more

• Nintendo World's Donkey Kong Ride Actually Goes Off the Rails

• Pete Carroll is spilling hot tea all over the Emerald City

• Richard Simmons once again politely asks the world (and Pauly Shore) to leave him the hell alone

• Everything We Know About Vanillaware’s Epic RPG Unicorn Overlord

• Dan Quinn has gone from top coaching candidate to consolation prize overnight

More from Jalopnik

• Prince Of Persia: The Lost Crown: The Kotaku Review

• Jerry Jones will continue to coach the Cowboys

• Every Marvel TV Show, Ranked From Awful To Sublime

• Here's the 1 time the right DOESN'T want athletes to 'stick to sports'

• Updates From Andor Season 2 and More

Sign up for Jalopnik's Newsletter. For the latest news, Facebook, Twitter and Instagram.

Click here to read the full article.