Tesla launches aggressive pricing cuts in Europe, U.S.

Tesla said on Friday that was able to provide its cars at a more accessible price because cost inflation was normalizing.

“At the end of a turbulent year with interruptions to the supply chain, we have achieved a partial normalization of cost inflation, which gives us the confidence to pass this relief onto our customers,” a spokesperson for Tesla Germany said in a statement.

In Germany, Tesla cut prices on the Model 3 and the Model Y by up to 17 percent depending on the…

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