Tesla cuts prices of some models in Germany and Europe

Tesla is cutting prices of some models in Germany and elsewhere in Europe, the Middle East and Africa, a spokesperson said on Sunday. The move comes as the company unveiled price cuts over the weekend in China and in the United States.

In Germany, the carmaker trimmed the price of its Model 3 rear wheel drive to 40,990 euros ($43,670) from 42,990 euros, where the price has been since February.