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Tesla Undercuts Average U.S. Car Price Again

  • Bloomberg, Wednesday, February 22, 2023 6:38 PM

Its latest U.S. price drops are bringing Tesla’s electric-vehicle prices to a record low. After several price cuts over the past month, Tesla’s Model 3 sedan now sells for $4,930 less than the average new vehicle sold in the U.S., which is the cheapest price Tesla has ever had relative to the typical U.S. vehicle, according to a new Bloomberg analysis. It’s a similar story for Tesla’s more expensive Model Y sport utility vehicle, which started off the year with a $13,000 price drop. 

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