Elon Musk: Inflation Forcing Tesla To Raise Vehicle Prices -

Elon Musk: Inflation Forcing Tesla To Raise Vehicle Prices - Effects On Consumers & Stock Price


Elon Musk: Inflation Forcing Tesla To Raise Vehicle Prices - Effects On Consumers & Stock Price
Elon Musk Says Inflation, specifically astronomical raw material prices, are forcing Tesla to raise vehicle prices. however, the company is implementing data-driven cost-cutting strategies.
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Depending on how you count it, about 25% of all the US dollar in existence was created in the past year. This was done in the midst of the worldwide pandemic that forcefully shut down the global economy including the US.
The dollar value created was then distributed by the US congress in various stimulus packages which went towards almost everything ranging from the stimulus check to paying for unemployment to bailing out small businesses, multi-billion-dollar conglomerates, and everything in between.

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