Tesla cuts prices on 3 models

(CNN)– If you’re in the market for an electric vehicle buying a Tesla will now be a little less expensive.

Friday, Tesla slashed the prices on three of its models.

This comes after the company reported a slump in sales due to production issues earlier this month.

The Tesla Model Y, Model X, and Model S will now sell for two thousand dollars less.

According to Tesla CEO Elon Musk, the Model Y will cost less than thirty thousand dollars after a federal rebate and gas savings.