Tesla cuts prices of some models in Germany and Europe

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The move comes as the company unveiled price cuts over the weekend in China and in the United States.

© Reuters. A Tesla car is being charged at a Tesla electric vehicle charging station on a car park of the A10 shopping center in Wildau near Berlin, Germany, March 20, 2024. REUTERS/Annegret Hilse/ File Photo

In Germany, the carmaker trimmed the price of its Model 3 rear wheel drive to 40,990 euros ($43,670) from 42,990 euros, where the price has been since February.

($1 = 0.9386 euros)