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‘The Cinderella ride is over for Tesla’

In 2022, Musk raised the prices of Tesla’s four models, citing rising supply costs and updates to its driver-assist system. So when Mark was able to secure a year-end rebate to cut the cost of his new Model Y to $58,490 from $65,990, he thought he was getting a rare deal. But on January 13, just over two weeks after his new car was delivered, Tesla announced it would slash the price of the Model Y to $52,990 — a $13,000 drop.

Original article: https://www.businessinsider.com/elon-musk-ruined-tesla-technology-ford-gm-car-companies-evs-2023-2?_gl=1*1dmdz2v*_ga*MTQ

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