Elon Musk’s Latest Tesla Price Cut To ‘release Inventory’ Is Good News For Car Buyers, But Bad News For Investors

Tesla CEO Elon Musk. Joel Saget—AFP/Getty Images

Tesla’s best-selling electric car now competes directly with gasoline-powered cars on price. Latest price reduction round. The company says the price cuts could cost the company $1.2 billion a year…

Source: fortune.com