Tesla slashes prices again to all-time lows, with other car-makers offering discounted EV prices

Tesla has drastically cut the price of its popular electric SUV, the Model Y, and its Model 3 sedan. 

The Model 3 Long Range price has dropped by an astonishing $6000, down 9.5 per cent, and now starts from $64,900 before on-road costs. 

Price cuts have been suggested as a result of rising EV competition and decreasing manufacturing costs.

Other carmakers have also reduced prices on some of their EVs in 2024, including MG, BYD and Peugeot 

https://www.mynrma.com.au/electric-vehicles/news/tesla-cuts-prices-again-2024