Tesla cuts prices by 2000 and says its referral program is ending – Breaking News & Latest Updates 2026
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Tesla cuts prices by $2,000 and says its referral program is ending.

Electrek notes Model Y, S, and X prices have dropped by $2,000, and Tesla said its current referral program would end after April 30th, but it will return eventually.

This follows sales numbers reflecting “an unmitigated disaster,” a Cybertruck recall, and the reported cancellation of a $25k “Model 2.” Elon Musk & Co. have much to discuss on Tuesday’s earnings call.

Composite picture showing the actual price of a Model Y on Tesla.com ($42,990), and tweets from Tesla announcing a price drop with credits and savings included along with a post saying referral program benefits will end after April 30.
Image: Tesla.com / @Tesla_na (X)
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