'Elon Musk, You Wiped Out $10K In Value Off My 4-Week-Old Tesla Overnight:' Livid Customers Frustrated At Missing Out On Recent Price Cuts

16 Jan 2023 | Abstracted from Benzinga

"The prices of various Tesla models are cut by anywhere between 6.4% and 19.7%. The biggest cut was for the Model Y dual-motor all-wheel drive, long-range version in order to bring it below the ceiling prescribed by the Internal Revenue Service

"Anyone who recently bought Tesla will feel an immediate impact and wish they leased it..The price cuts were in line with Musk's recent assertion that volumes are more important than margins."

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