Tesla Issues Price Cuts , on Most Expensive Models.<br />CNN reports that in January, <br />the company offered discounts up to 20%.<br />The discounts led to increased orders.<br />CNN reports that Tesla CEO Elon Musk said the company would lower prices further to drive demand, which it appears they have done.<br />CNN reports that Tesla CEO Elon Musk said the company would lower prices further to drive demand, which it appears they have done.<br />The desire for people to own a Tesla is extremely high. The limiting factor is their ability to pay for a Tesla, Elon Musk, via Tesla's investor day.<br />CNN reports the Model S and Model X made up <br />close to 4% of Tesla's global deliveries last year.<br />CNN reports the Model S and Model X made up <br />close to 4% of Tesla's global deliveries last year.<br />The company's cheaper models, the Model 3 sedan and Model Y crossover, accounted for the rest.<br />The company's cheaper models, the Model 3 sedan and Model Y crossover, accounted for the rest.<br />According to Tesla's website, both <br />Model S versions are now $5,000 less.<br />The price of Model X cars was cut by $10,000.<br />Reuters reports that Tesla intends to <br />produce a new Model 3 version this year
