The US EV manufacturer Tesla is decreasing its electric cars prices in the US and China. According to the info, the cut is 2000 dollars in Model Y, S and X, the company said on Saturday.

It will mean the Model Y starts at 42.990 dollars excluding taxes and fees, Model S 72.990 dollars and Model X 79.990 dollars.

Tesla Cybertruck and Model 3 were unchanged, partly of low production still.

Model Y and X are in the US IRA program, which means that they are eligble for 7500 dollars discount.

Tesla said last week that it is laying off more than 10% of its global workforce to reflect the global EV market.

Tesla is to report its first quarter earnings on Tuesday next week. The company stock closed at 147 dollars, down 1,92% in New York on Friday. The company stock has decreased 40,8% this year.

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