Greener Living
Tesla Undercuts Average US Car by Almost $5,000 in EV Shakeout
Elon Musk’s latest US price drop brings Tesla’s electric-vehicle premium to a record low.
Tesla’s new factories in Austin and Berlin are loading for delivery.
Photographer: Liesa Johannssen/BloombergThis article is for subscribers only.
It’s never been this cheap to buy a Tesla.
After a hopscotch of price cuts over the past month, Tesla’s Model 3 sedan now sells for $4,930 less than the average new vehicle sold in the US. That’s the cheapest price Tesla has ever had relative to the typical US vehicle, according to a new Bloomberg analysis.