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Tesla lowers the price of the SUV Model Y because of the pandemic

North America / Engineering
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Model Y now worth from 49 990 USD, which is almost 6% below its previous 52 990 dollars.

Tesla lowers the price of the SUV Model Y because of the pandemic

the American automobile company Tesla billionaire Elon musk, cut the price of its SUV Model Y for $ 3,000 just four months after its launch in the market to maintain the momentum of sales during a pandemic COVID-19.

This decline followed the decline in prices in may, the other Tesla models, such as 3, X and S.

the Company this month reported a smaller-than-expected fall in the supply of cars in the second quarter, which is a good result amid the constraints of logistics, covering the global automotive industry.

Model Y now worth from 49 990 USD, which is almost 6% below its previous 52 990 dollars, according to the website of the manufacturer.

the Company began shipping Model Y in March, intending to beat its European competitors such as Volkswagen AG, launched the production of its own electric SUV.

In April, Tesla announced that the Model Y went into profit, becoming the first car company in the 17 years since the beginning of the work, which brought a profit in the first quarter of sales.

Recall that Elon Musk operedil investor Warren Buffett in the list of the richest people in the world by Bloomberg, climbing to seventh place in the ranking of the rich. Bloomberg News reported that the state of the Mask is increased by 6.07 billion dollars on Friday after a 10.8 percent jump in the shares of the company for the production of electric vehicles.

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