Tesla price cuts come for Europe

It’s EV price reduction deja vu — at least for Tesla vehicles.
The automaker, which lowered prices last week in the United States, has made another reduction, this time in markets throughout Europe and Israel. The reductions, which were as high at 9.8%, were made across the company’s vehicle portfolio, including the Model 3, Model Y performance and its more expensive Model S and Model X variants.
Tesla has cut prices of its EVs sold in China, Europe and North America multiple times since last fall, at times as much as 20%.
The company said in a statement published by Reuters that t

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