Tesla cuts prices of Model Y, Model X, Model S vehicles in US

Tesla cut the prices for its Model Y, Model X and Model S vehicles in the U.S. by $2,000 each on Friday, according to the electric vehicle maker's website.

Elon Musk's electric vehicle maker lowered the prices for its Model Y base variant to $42,990, while the long-range and performance variants are now priced at $47,990 and $51,490, respectively, the website showed.

The basic version of the Model S now costs $72,990 and its plaid variant $87,990. The Model X base variant now costs $77,990 and its plaid variant is priced at $92,900.