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Tesla Cuts Prices By As Much As 20% As They Face More EV Competition

SPRINGFIELD, VA - JANUARY 17: Tesla owners use charging stations in a parking lot on January 17, 2023 in Springfield, Virginia. The automaker decreased the prices of their Tesla's by 20 percent, a move seen as a reaction to competition in the global market for electric vehicles and rising inflation rates. (Photo by Anna Moneymaker/Getty Images)
SPRINGFIELD, VA - JANUARY 17: Tesla owners use charging stations in a parking lot on January 17, 2023 in Springfield, Virginia. The automaker decreased the prices of their Tesla's by 20 percent, a move seen as a reaction to competition in the global market for electric vehicles and rising inflation rates. (Photo by Anna Moneymaker/Getty Images)
Tesla Cuts Prices By As Much As 20% As They Face More EV Competition
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