Tesla Cuts Prices in the US for the Second Time This Year

Tesla has lowered the prices of its Model S and X in the United States for the second time this year, reports Bloomberg.

The price for Model S and X has been reduced by $5,000 and now starts at $84,990 and $94,990 respectively.

Tesla CEO Elon Musk said he was willing to sacrifice profitability in order to increase sales volumes.

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