Austin, TX

Tesla cuts U.S. prices for 3 of its electric vehicle models

Published

2 years ago

April 20, 2024

Tesla cuts U.S. prices for 3 of its electric vehicle models

Tesla knocked $2,000 off the prices of three of its five models in the United States late Friday, another sign of the challenges facing the electric vehicle maker led by billionaire Elon Musk.

What You Need To Know

Tesla knocked $2,000 off the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle in the U.S., and also of the Models X and S, its older and more expensive models

The cuts reduced the starting price for a Model Y to $42,990 and to $72,990 for a Model S and $77,990 for a Model X

The move came the day after Tesla’s stock tumbled below $150 per share, eliminating all gains made over the past year

Prices for the Model 3 sedan and the Cybertruck stayed the same

The company cut the prices of the Model Y, a small SUV which is Tesla’s most popular model and the top-selling electric vehicle in the U.S., and also of the Models X and S, its older and more expensive models. Prices for the Model 3 sedan and the Cybertruck stayed the same.

The cuts reduced the starting price for a Model Y to $42,990 and to $72,990 for a Model S and $77,990 for a Model X.

The move came the day after Tesla’s stock tumbled below $150 per share, eliminating all gains made over the past year. The Austin, Texas, company’s stock price has dropped about 40% so far this year amid falling sales and increased competition. Discounted sticker prices are a way to try to entice more car buyers.

Musk posted early Saturday on X, the social media platform known as Twitter before he acquired and renamed it, that the cost of an entry-level Tesla was as low as $29,490 once a federal tax credit and gas savings were factored in.

Industry analysts have been waiting for Tesla to introduce a small electric vehicle that would cost around $25,000, the Model 2. Media reports this month that Musk planned to scrap the project created more uncertainty over the company’s direction, although Musk called them untrue.

The price cuts ended a long workweek at Tesla, which announced Monday that it was cutting 10% of its staff globally, about 14,000 jobs. The company also said it was recalling nearly 4,000 of its 2024 Cybertrucks after discovering the accelerator pedal can get stuck, potentially causing the vehicle to accelerate unintentionally and increase the risk of a crash.

On Saturday, Musk confirmed he had postponed a planned weekend trip to India to meet with Prime Minister Narendra Modi, citing “very heavy Tesla obligations.” He said on X that he looked forward to rescheduling the visit for later this year.

Tesla is scheduled to announce its first-quarter earnings on Tuesday.

The company reported earlier this month that its worldwide sales fell sharply from January through March as competition increased worldwide, electric vehicle sales growth slowed, and earlier price cuts failed to lure more buyers.

It was Tesla’s first year-over-year quarterly sales decline in nearly four years.

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Austin, TX

Southwest Airlines establishing new crew base in Austin

Published

8 hours ago

December 12, 2025

Press Room

Southwest Airlines establishing new crew base in Austin

AUSTIN, Texas (KVIA) — Texas Governor Greg Abbott announced that Southwest Airlines will establish a new pilot and flight attendant crew base in Austin.

Abbott joined the Austin mayor at the Austin-Bergstrom International Airport to make the announcement today.

The expansion to Austin will lay the groundwork for future operational growth in Texas. It is expected to generate 2,000 jobs in Austin by mid-2027. In addition to the pilots and flight attendants, Austin will now also be home to managerial and support staff. The new crew base will have an average salary of $180,000 a year, the Governor’s Office says.

The state is extending a $14 million Texas Enterprise Fund to the airline, as well as a $375,000 Veteran Created Job Bonus.

“Southwest Airlines was born and raised in Texas and has been a core element of the economic growth we have seen in our state,” said Governor Abbott. “We are excited to announce that today Southwest Airlines will add over 2,000 high paying jobs right here in Texas. We are the home of economic opportunity for our fellow Texans more than any other state in the United States, and we know a key reason for that is because of everything Southwest Airlines provides. We are proud to partner with everybody connected with Southwest as well as the City of Austin on such a huge announcement for our state.”

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Austin, TX

Fire destroys abandoned E Austin auto shop

Published

21 hours ago

December 12, 2025

Press Room

Fire destroys abandoned E Austin auto shop

AUSTIN, Texas — Austin firefighters battled their second major fire Thursday afternoon, responding to an abandoned East Austin auto shop engulfed in flames.

Crews responded to 3100 Manor Road around 4 p.m., AFD said.

No injuries were reported and no one was inside the building.

ALSO | 40+ residents displaced in North Austin third-alarm apartment fire, no injuries reported

The incident was called in as a first alarm. The building is a total loss, according to officials.

CBS Austin has a crew on the way to the scene.

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Earlier in the afternoon, firefighters extinguished a three-alarm fire in north Austin.

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Austin, TX

Austin road rage suspect identified, charged with criminal mischief: affidavit

Published

1 day ago

December 11, 2025

Press Room

Austin road rage suspect identified, charged with criminal mischief: affidavit

AUSTIN, Texas – The suspect in a violent road rage incident on the Capital of Texas Highway has been identified and charged, according to court paperwork.

The altercation was caught on camera.

What we know:

34-year-old Ian Kevin Brinkmeyer has been charged with criminal mischief, a Class B misdemeanor, in connection with the Dec. 5 incident.

At around 2 p.m. that day, officers responded to a call for service on Capital of Texas Highway, where they spoke with Brinkmeyer and another man.

The affidavit says Brinkmeyer “engaged in a road rage” with the other man while traveling north on Capital of Texas Highway. Brinkmeyer drove around the other man, changed lanes in front of him and cut him off before stopping his car.

Brinkmeyer then allegedly got out of his vehicle holding a “steel knife sharpening rod”, walked over to the other man’s car and struck the driver’s side door window with the rod, shattering the entire window.

The affidavit says Brinkmeyer then quickly walked back to his car and drove off.

The entire incident was caught on video by other drivers and posted on social media.

The affidavit says that the repairs to the shattered window cost about $480, making this a case of criminal mischief with a value between $100 and $750.

What’s next:

A warrant has been issued for Brinkmeyer’s arrest. As of 12 p.m. Dec. 11, he is not in custody.

The Source: Information in this report comes from court paperwork and previous reporting.

Crime and Public SafetyAustin

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