Tesla now cheaper than average new car in the US, says report

Even before those cuts, it was the third best-selling SUV in the US last year, after the Toyota RAV4 and the Honda CR-V

Photo: Bloomberg
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Photo: Bloomberg

Bloomberg
It’s never been this cheap to buy a Tesla. After a hopscotch of price cuts over the past month, Tesla’s Model 3 sedan now sells for $4,930 less than the average new vehicle sold in the US. That’s the cheapest price Tesla has ever had relative to the typical US vehicle, according to a new Bloomberg analysis.

It’s a similar story for Tesla’s more expensive Model Y sport utility vehicle, which started off the year with a staggering $13,000 price drop. 

Even before those cuts, it was the third best-selling SUV in the US last year, after the Toyota RAV4 and the

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First Published: Feb 21 2023 | 10:40 PM IST

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