Tesla is cutting the price of its top-selling Model 3

Tesla Powerwalls and Solar Roof, two of Elon Musk's innovative strategies to get consumers onto the solar grid, require waits of six months or longer. The company says customers are hungry, but it doesn't have the product yet. Tesla is cutting the price of the Model 3, as it aims to make its best-selling product more affordable, and is discontinuing versions of other vehicles. Tesla said on Monday that it's reducing the price of the Model 3 by $1,000 to $38,990. The company will no longer sell the standard range versions of the Model S and Model X, raising the minimum costs consumers will have to pay for those cars.