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

Tesla’s best-selling electric car now competes directly with gasoline-powered cars on price. Latest price reduction round. The price cuts could cost the company $1.2 billion a year, according to at least one investor. The base model Model 3 sedan costs $38,990, but it costs $8,700 less… Source: fortune.com

Is Tesla’s $40,000 Electric Car Really A Bargain Now That Its Price Has Been Cut Six Times?

Brandon Washnis/Getty Images Although pickup trucks still account for the majority of car sales in the United States, electric car maker Tesla made it into the top 10 for the first time. Tesla’s Model Y crossover was his sixth best-selling car in the United States in 2022, but… Source: www.gobankingrates.com

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