of reuters Report According to , Tesla has cut the prices of its EVs in many big markets including China, Germany. Tesla has reduced the starting price of Model 3 in China from 14,000 Yuan (about Rs 1.64 lakh) to 231,900 Yuan (about Rs 27.24 lakh). At the same time, in Germany, the price of Model 3 rear-wheel-drive (RWD) variant has been reduced from 42,990 Euro (about Rs 38.12 lakh) to 40,990 Euro (about Rs 36.35 lakh).
The report further suggests that Tesla Mode Y, Model At the same time, last Saturday, Tesla reduced the price of its full self-driving driver assistant software in America from $ 12,000 to $ 8,000.
The price cut reportedly comes as Tesla released a report this month showing that its global vehicle deliveries in the first quarter fell for the first time in nearly four years.
A Tesla spokeswoman told Reuters the price cuts were also implemented in the U.S., China and Europe, as well as several other countries in the Middle East and Africa.
Apart from this, let us tell you that Tesla Chief Musk has also postponed his visit to India. During this visit, he was to have a meeting with Prime Minister Narendra Modi. Musk was scheduled to come on April 21 to announce the launch of business in India. In June last year, Prime Minister Modi and Musk had a meeting in New York, America. Tesla had lobbied to impose import tax on electric vehicles in the country. Last month, the central government had announced a new EV policy in which the import tax on some models has been reduced from 100 percent to 15 percent if an automobile company invests at least $500 million. However, the country’s automobile companies were strongly opposing this exemption.