Tesla Slashes Thousands From Prices of Model 3, Model S, and Model X  

Tesla recently announced that they have slashed the prices of their Model 3,  

Model S, and Model X vehicles by up to thousands of dollars.

The new prices range from $39,990 for a Model 3 Standard Range Plus to $124,490 for a Model X Performance.  

This is a major move on Tesla's part in an effort to make electric cars more accessible to everyone.  

While it does come at a cost of lowering the company's margins,

the cheaper vehicles could lead to an increase in sales volume and larger market share for Tesla in the long run.  

With a 3.0L turbocharged engine delivering up to 277 hp and 460hp of torque plus additional ground clearance thanks to .