Musk has said repeatedly in recent months that Tesla would focus on bringing prices down to drive demand.
, offering discounts of up to 20% in what many analysts saw as the start of a price war by the electric vehicle market leader.
The Model S and Model X, which come in base all-wheel drive and performance “Plaid” editions, represented about 4% of Tesla’s global deliveries in 2022. Its two cheaper models, the Model 3 sedan and Model Y crossover, made up the rest.
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