Tesla to slash price of US electric cars by $2,000

Michael Holder
clock • 2 min read

EV giant cuts price of Model S, Model X, and Model 3 cars in response to reduction of US federal EV tax credit

Tesla is cutting the price of its electric cars in the US by $2,000 in an attempt to soften the impact of a reduction in federal tax credits for EVs, the company announced yesterday. The electric car...

To continue reading this article...

Join BusinessGreen

In just a few clicks you can start your free BusinessGreen Lite membership for 12 months, providing you access to:

  • Three complimentary articles per month covering the latest real-time news, analysis, and opinion from Europe’s leading source of information on the Green economy and business
  • Receive important and breaking news stories via our daily news alert
  • Our weekly newsletter with the best of the week’s green business news and analysis

Join now

 

Already a BusinessGreen member?

Login

Michael Holder
Author spotlight

Michael Holder

Editor

View profile
More from Michael Holder

BloombergNEF: Energy security now 'driving force' behind accelerating clean energy boom

Circularity can be Britain's resilience strategy for a turbulent century

More on Automotive

Pod boosts depot charging capabilities with EO Charging acquisition
Automotive

Pod boosts depot charging capabilities with EO Charging acquisition

Latest consolidation in electric vehicle charging sector sees Pod strengthen presence in fleet charging market

James Murray
James Murray
clock 19 May 2026 • 2 min read
Study: Mandatory phase out of diesel trucks would cut freight costs and inflation
Automotive

Study: Mandatory phase out of diesel trucks would cut freight costs and inflation

Green Alliance study models impact of introducing zero emissions mandate for heavy goods vehicles manufacturers

Michael Holder
Michael Holder
clock 18 May 2026 • 5 min read
Could weakening EU car CO2 rules jeopardise €200bn in EV investments?
Automotive

Could weakening EU car CO2 rules jeopardise €200bn in EV investments?

Some carmakers are pushing to weaken rules that would effectively ban sales of new petrol and diesel cars in the EU from 2035 - but two new reports highlight the huge opportunity and energy security costs of slowing the switch to battery cars

Michael Holder
Michael Holder
clock 14 May 2026 • 9 min read