Jul 12 (Reuters) – Tesla (NASDAQ 🙂 cut the price of its Model Y sports utility vehicle by 3,000, just four months after its launch, as the electric car maker wants to maintain sales momentum amid the pandemic of COVID-19.
The reduction follows price cuts in May for Tesla Model 3, Model X and Model S.
The company led by Elon Musk this month saw a smaller-than-expected drop in car deliveries in the second quarter, resilient results despite the pandemic.
The Model Y now has a starting price of $ 49,990, nearly 6% off the previous value of $ 52,990, according to the automaker’s website.
Tesla did not immediately respond to a request for comment from Reuters.
(Information from Aishwarya Nair in Bengaluru and Hyunjoo Jin in Seoul. Edited in Spanish by Janisse Huambachano)
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