Tesla slashes Model Y inventory prices by as much as $7,000

Tesla is dropping prices of unsold Model Y SUVs in the U.S. by thousands of dollars in an attempt to clear out an unprecedented backlog of inventory.Many long-range and performance Model Ys are now selling for $5,000 less than their original price, while rear-wheel drive versions are seeing even bigger cuts of more than $7,000.The discounts come as Tesla once again made far more vehicles than it sold in the last quarter. The company built 433,371 vehicles in the first quarter but only shipped 386,810, likel ...