Tesla Motors Inc (TSLA) Reduces Price Of Model S In Europe

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Tesla Motors Inc (TSLA) Reduces Price Of Model S In Europe
Blomst / Pixabay

Tesla Motors Inc (NASDAQ:TSLA) decided to reduce the price of its Model S vehicle in European countries including Germany and the Netherlands. As many expected, the electric car manufacturer followed in the footsteps of its peers in the industry that have been constantly dropping prices of their vehicles.

In Germany, the MSRP of the Model S vehicle was €72,000 when it was first introduced in the country late last year. Tesla Motors Inc (NASDAQ:TSLA) reduced the price of the electric car  €65,300. In Netherlands, the price of the Model S vehicle was cut by approximately €4,000 to €66,200.  The price of the electric was was lowered to CHF71,900 in Switzerland.

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