Tesla cuts prices of some models in Germany

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.

Tesla is recalling 3,878 Cybertrucks to fix an accelerator pedal pad that could come loose and get lodged in the interior trim, the US National Highway Traffic Safety Administration (NHTSA) said recently.

A trapped accelerator pedal could cause the vehicle to accelerate unintentionally, increasing the risk of a crash, the auto safety regulator said in a notice.

Tesla started deliveries of its Cybertruck electric pickup truck late last year, after a two-year delay due to production problems and battery-supply constraints.

The EV maker will replace or repair the accelerator pedal assembly at no charge and owners will be notified through letters mailed to them in June, the NHTSA said.

In the first quarter of 2024 Tesla had three recalls affecting about 2.4 million vehicles, according to a report by recall management firm BizzyCar.

However, most issues related to Tesla recalls are usually resolved through over-the-air software updates.