Tesla lowers Model X base price due to improved margins

Tesla has lowered the entry-level price of the Model X SUV, from $82,500 to $79,500. The $3,000 price drop is the result of improved margins for the electric vehicle, which the company achieved thanks to “efficiencies” achieved in the manufacturing process, Reuters reports. Tesla’s Model X and Model S sales performance were areas of key interest during the company’s… Read More...