Tesla Slashes Thousands From Prices of Model 3, Model S, and Model X

Tesla recently announced that they have slashed the prices of their Model 3,

Model S, and Model X vehicles by up to thousands of dollars.

The new prices range from $39,990 for a Model 3 Standard Range Plus to $124,490 for a Model X Performance.

This is a major move on Tesla's part in an effort to make electric cars more accessible to everyone.

While it does come at a cost of lowering the company's margins,

the cheaper vehicles could lead to an increase in sales volume and larger market share for Tesla in the long run.

Ultimately, this decision could end up being good news for electric vehicle buyers and environmentalists alike.

Tesla Models S

Tesla Models S