Tesla reduces the cost of the Model 3, Model S, and Model X by thousands of dollars.

Tesla just revealed that the costs of its Model 3, Model S, and Model X vehicles have been reduced by up to thousands of dollars.

The new costs for a Model 3 Standard Range Plus start at $39,990 and go up to $124,490 for a Model X Performance.

In an effort to increase the availability of electric vehicles for everyone, Tesla has made a significant move with this.

The company's profitability will be reduced as a result, but in the long run,

cheaper cars may result in more sales and a bigger market share for Tesla.

In the end, this choice may be advantageous for both environmentalists

and consumers of electric vehicles.