Tesla Sharply Lowers EV Prices In US: You Can Now Own A Model 3 For Little Under $36,500

Tesla CEO Elon Musk views the new Tesla Model Y at its unveiling in Hawthorne, California on March 14, 2019. Tesla has drastically cut its Model 3 and Model Y vehicles in the U.S., with the price cuts ranging from 6.4% to 19.7%, amid a slowdown in demand. FREDERIC J. BROWN/BENZINGA

Facade with logo and sign at dusk at the Tesla Motors dealership in Pleasanton, California, March 12, 2018. With the tax credit, Tesla vehicles are cheaper than the reduced prices, as pointed out by Tesla influencer Troy Teslike. SMITH COLLECTION/BENZINGA

Tesla Inc., which sharply cut prices of its Made-in-China vehicles at the start of the year, has broadened the downward adjustment to the U.S.