It is reported that Tesla is reducing prices to promote the first batch of vehicle inventory in India

According to foreign media reports, Tesla (TSLA.US) is reducing prices to promote the first batch of vehicles imported to India last year to clear inventory, as some potential buyers who made early reservations have canceled their orders.

It is reported that due to weak demand, Tesla delivered about 300 Model Y SUVs, and approximately 100 units are still available for sale four months later. The company is offering discounts of up to 200,000 rupees (approximately $2,200) on some Model Y models to clear inventory