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WEKU
Huo Jingnan

Tesla cuts its car prices around the world after week of turmoil for the company

Tesla dropped its prices on cars by about $2,000 in the United States. (Ebrahim Noroozi/AP)

Tesla has slashed prices for its electric vehicles in the United States, China and other countries, comparisons of its websites late Friday and over the weekend show.

In the U.S., the company reduced the starting prices of its Model X, Model Y and Model S by $2,000, which is a drop of less than 5% for the most affordable model. Prices for Model 3 and Cybertruck remained the same.

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