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U.S, Canada witnesses a 23% price drop for some Tesla models

The increased demand for EVs prompted Tesla to increase its prices throughout last year. However, in a new turn of events, the automaker has currently introduced major reductions in the price of certain models. JUST IN: Tesla $TSLA reduces price s in the United States and Canada by up to 23% for some model s. — Watcher.Guru (@WatcherGuru) January 13, 2023 This decrease in price is limited to Model 3 and Model 7 Tesla vehicles in the United States. According to reports, Model 3 RWD is seeing a 6.4 percent drop from $46,990 to $43,990. The Model 3 Performance vehicle is currently price d at $53,990. This model was previously valued at $62,990, noting a 14.2 percent drop. Shifting the focus to Model Y vehicles, the Model Y Long Range is now $52,990 following a 20 percent drop from $65,990. The Model Y Performance recorded the highest plunge in price from $69,990 to $56,990, i.e an 18.6 percent dip. It should be noted that Tesla slashed the price of its vehicles in Chin...