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

GHG Protocol accused of 'violating its own rules' in forest carbon removals row

Amazon opens up carbon credit service to British businesses

More on Automotive

'Well within reach': EV charging sector could boost UK economy £15.5bn by 2035
Automotive

'Well within reach': EV charging sector could boost UK economy £15.5bn by 2035

Analysis from ChargeUK and LCP Delta reveals multi billion-pound opportunity for EV charging sector in the UK, provided ZEV Mandate remains on track

James Murray
James Murray
clock 10 June 2026 • 6 min read
Mazda revs up plans for on-car carbon capture system
Automotive

Mazda revs up plans for on-car carbon capture system

Auto giant said positive results from trialling technology in race cars suggests it could be used in consumer vehicles to reduce CO2 emissions

Amber Rolt
clock 10 June 2026 • 2 min read
Study: Petrol drivers' fuel costs already exceed EV drivers' annual charging costs
Automotive

Study: Petrol drivers' fuel costs already exceed EV drivers' annual charging costs

Analysis shows rising petrol prices have pushed the cost of fuelling the average petrol car to £1,353 a year, compared to just £592 for an EV driver charging at home

Amber Rolt
clock 09 June 2026 • 2 min read