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Tesla is cutting prices for the second time in less than eight weeks.
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Reuters found that the automaker has lowered prices on its Model S sedan
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more expensive and older, and the Model X SUV once again.
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Even though these cars were revolutionary at launch in 2012 and 2015
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they now face stiff competition from much newer vehicles such as the Rivian, Lucid, Mercedes, Porsche and BMW.
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As a result, Model S and Model X sales together accounted for just 5% of Tesla's 2022 global sales.
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