Tesla Cuts Prices on Cheapest Model 3 and Y SUV in U.S.

Feb.18 -- Tesla Inc. has trimmed prices for its cheapest Model 3 and Model Y in the U.S. It comes as the company fell in “Consumer Reports’” latest auto brand rankings, outdone by Mazda’s mainstream models. The magazine’s closely watched annual assessment found Tesla vehicles are less reliable than others. Bloomberg’s Katrina Nicholas reports on “Bloomberg Daybreak: Asia.”