The electric carmaker had raised prices in the US market on most newly ordered cars this month.
Analysts said Tesla offered deep discounts on car prices this year in several regions and used incentives to liquidate inventory to counter economic headwinds and increased competition.
Earlier, CEO Elon Musk told shareholders that Tesla would try to advertise its cars for the first time, which analysts said could increase demand.
Tesla has slightly increased the prices of some new models twice this month in the United States, but prices are still much lower than they were before the price cuts began this year.
Tesla prices in the United States for the Model 3 start at $40,240, while the Model Y starts at $47,490.
Read the Latest World News Today on The Eastern Herald.
