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

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

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

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

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

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

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

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With a 3.0L turbocharged engine delivering up to 277 hp and 460hp of torque plus additional ground clearance thanks to .

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