Tesla raises the price of the Model Y once again in an effort to reduce demand brought on the price reductions.

Tesla just implemented a huge global price drop that applies to all of 

the company's automobile products and is valid anywhere in the globe. Tesla's

first price cut went into effect on January 6 in China. The price of the Model 3 was

slashed by 13.5% to $33,500 by the electric car maker, while the Model Y's price

was decreased by 10% to $38,000. Then, on January 12th, Tesla dropped

prices everywhere, including in North America, Europe, and the rest of Asia. Price discounts

of up to 20% were offered on several Tesla automobile models in the US, including

of traffic: one coming from the left and one coming from the right. Teslas have become adept at doing this manoeuvre after first finding it difficult.