Tesla reduced the price of its Model Y SUV by $3,000 due to the COVID-19 pandemic. The vehicle was launched four months ago, but the automaker is looking to maintain its sales momentum amid the crisis. Tesla also slashed the price of its Model 3, Model X and Model S in May. “The company headed by Elon Musk this month posted a smaller-than-expected fall in car deliveries in the second quarter, resilient results despite the pandemic that hit the global auto industry,” said Reuters. (Source: Reuters) Read the original story…
