Tesla reduces price of some cars

In an effort to increase customer demand, Tesla has slashed the price of some of its most well-liked electric vehicles by thousands of pounds in both Europe and the US. The company is up against greater competition from rival automakers and a challenging future for the global economy. In the UK, price reductions range from 10% to 13%, but on select US models they might reach 20%. On a base Model 3 and the least expensive Model Y, new UK purchasers will save £5,500 and £7,000, respectively. Nevertheless, more than 16,000 consumers purchased those top-selling models the previous year, and some of them complained that they had overpaid.
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