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Tesla launches new low-cost models “Model S” and “Model X” in the US

Tesla $Tesla(TSLA.US)$ The automaker's website revealed on Monday that it introduced a new standard range of Model S and Model X in the US, and prices were lower than other models, the S and X models.
Model S
Model S
Model X
Model X
According to the website, the prices for the new S and X models are respectively$78,490with88,490 dollarsIt was.
background:
Tesla has cut prices several times in the US, China, and other markets since late last year, and is trying to protect itself from competition and economic uncertainty by providing another incentive to reduce inventory.
The company was in the second quarter19,225 unitsWhereas the models X and S of were delivered, last year16,162 unitsIt was delivered.
Impact on stock prices
At the beginning of the day, the company cut prices for the long-range model and high-performance version of the Model Y in China from 8/14, due to concerns that profit margins would be further squeezedStock prices have fallen
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