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

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

Despite The UAW Strike, New Car Inventory Increases. Most Vulnerable GM

Updated November 10, 2023 – Despite the UAW strike against three Detroit automakers and strong sales, October was the best since early spring 2021, according to an analysis of Cox Automotive’s vAuto available inventory data. It started with new car inventory. However, this strike left him with 60 points for GM… Source: www.coxautoinc.com