Advertisement

Tesla slashes prices for Model S and Model X in US

Tesla has cut the prices of its Model S sedan and Model X SUV in the U.S., according to the company's website and first reported by Bloomberg. This is the second time this year that Tesla has slashed prices, and it might be a bid to boost sales before the end of the quarter.

The Model S all-wheel drive is now available for $89,990, which is down 5.2% or about $5,000 from $94,990. The Model S Plaid is now $109,990, down 4.3% from $114,990.

The Model X all-wheel drive is going for $99,990, down 9.1% or $10,000 from $109,990. The Plaid is now $109,990, down 8.3% from $119,990.