Tesla Inc. (TSLA.O) dropped Japan’s Model 3 and Y prices by low single-digit percentages.

According to its website, Tesla cut Model 3 and Model Y pricing by 3% and 4%, respectively. Tesla said the Model 3’s price drop made it cheaper in Japan with subsidies.

Two months after raising Model 3 and Y prices in Japan, the company lowered them. In Japan, Model 3 costs 5,245,600 yen ($36,362) and Model Y 5,637,000.

Long-range and performance models cost more.

Tesla maintained Model S and X prices in Japan, which began taking orders in May.

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Hello, I'm Levy Hoffman and I'm a business news writer with a focus on sustainability and responsible business practices. With a background in environmental journalism, I'm passionate about exploring the intersection of business and the environment, and finding ways for companies to thrive while also protecting the planet.

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