Tesla has announced significant price reductions across several of its models, including the Model Y, Model S, and Model X, each reduced by $2,000 in the US. This pricing adjustment comes amidst a series of setbacks for the company, including workforce reductions , executive departures, legal challenges concerning CEO Elon Musk's compensation , and paused projects , as reported by Electrek.com . SEE ALSO: The Cybertruck's failure is now complete The decision to lower prices does not affect the Model 3 or the recently recalled Cybertruck . However, it aligns with a pattern observed last quarter when Tesla temporarily discounted its popular Model Y in response to disappointing delivery results and rising inventory levels. This price reduction returns the Model Y to its lowest recent price point, equivalent to the temporary discount offered earlier in February. It also seems that Tesla is ending its referral program, starting on April 30. However, Musk has stated that th