Another round of price cuts has shaved $2,000 off the starting prices of Tesla's Model Y, Model X, and Model S for buyers in the US. The company's North America branch posted on X about the change Friday night, at the same time announcing that Tesla is ditching its referral program benefits in all markets.
Tesla's Model Y now starts at $42,990 for the rear-wheel drive base model, $47,990 for the Model Y Long Range, or $51,490 for the Model Y Performance. The base Model S has dropped to $72,990 while the Model S Plaid now starts at $87,990. The Model X starts at $77,990 (base) or $92,990 (Plaid).
The changes come during a rocky few weeks for the company, which just issued a recall for Cybertrucks over possible issues with the accelerator pedal, reportedly laid off 10 percent of its employees, and reported a decline in deliveries for the first quarter.
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