Tesla cuts prices in China, Germany and around the world

April 22, 2024 Tóth Balázs

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Tesla has cut prices in several of its major markets, including China and Germany, following price cuts in the US, as it grapples with declining sales of electric vehicles (EVs) and a sharpening price war, particularly with Chinese EVs.

The price cuts came after Tesla, led by billionaire CEO Elon Musk, reported this month that global vehicle deliveries fell in the first quarter for the first time in nearly four years.

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Tesla cuts prices in China, Germany and around the world

Tesla has cut prices in several of its major markets, including China and Germany, following price cuts in the US, as it grapples with declining sales of electric vehicles (EVs) and a sharpening price war, particularly with Chinese EVs.

The price cuts came after Tesla, led by billionaire CEO Elon Musk, reported this month that global vehicle deliveries fell in the first quarter for the first time in nearly four years.

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