Article Title: Tesla cuts prices on models sold in the US: report
Snippet of Article: "...The move is seen as a way to grab new buyers at a time Wall Street is concerned appetite for the vehicles is weakening.
The cuts are likely to allow some buyers to qualify for a $7,500 U.S. government tax credit. ...Tesla slashed the price of its baseline Model Y crossover by almost 20% to $52,990. That puts the vehicle below a $55,000 cap, making it eligible for the tax incentive."
Source: www.foxbusiness.com
* LIMITED TIME: Until March 2023, certain new Model 3 and Model Y vehicles qualify for a $7,500 federal tax credit for eligible buyers.
