Slashed prices make some Tesla models eligible for a new federal tax credit that could help spur buyer interest.
With its sales slowing and its stock price tumbling, Tesla slashed prices dramatically Friday on several versions of its electric vehicles, making some of its models eligible for a new federal tax credit that could help spur buyer interest.
"I think the real driver for all of this is falling demand for Teslas," said Guidehouse Research e-Mobility analyst Sam Abuelsamid. Still, Tesla's U.S. sales rose 40% last year, and S&P expects them to continue to rise as overall electric vehicle sales steadily increase.
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