Tesla cuts prices in Japan for Model 3 and Y

TOKYO, July 05 (Reuters): Tesla Inc cut prices in Japan of its Model 3 and Y electric vehicles by low single-digit per centages from the start of this month, it said on Tuesday.

The company slashed prices for all variants of its lower-priced Model 3 by about 3 per cent, its website showed, while reducing those of all Model Y variants by around 4 per cent.

The Model 3's price reduction made it more affordable in Japan than it ever was before when using various subsidies with the purchase, Tesla said.