Press "Enter" to skip to content

Posts tagged as “spur buyer”

Tesla Slashes Prices on Several Models, Making Them Eligible for New Federal Tax Credit

Tesla Inc. has reduced the prices of several of its electric vehicles, making them eligible for a new federal tax credit that could help spur buyer interest. Despite the move, investors were not pleased and Tesla shares dropped nearly 4%. The company is hoping the tax credit and price cuts will encourage more people to buy its vehicles.