Tesla Stock Price Slumps As the EV Maker Cuts Prices in US and Europe
Investors are driving down Tesla's stock after news of the latest price cuts, but the reductions may end up being the right move, Wedbush said.
Source: businessinsider.com
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Tesla Drops After Cutting Model Y Prices In U.S. By 20%
Tesla Inc. shares slid in premarket trading after slashing prices of its vehicles sold in the US
Source: oilprice.com
Tesla's Price Cuts Will Cause Earnings to Plunge 25%: Gene Munster
Tesla's recent price cuts are a "win" for the brand, though it may bring on short-term earnings pain, according to Loup's Gene Munster.
Source: businessinsider.com
Musk's Tesla Discounts Are Bad News for Ford and GM
Tesla is goosing sales and going after Ford, GM, and other new competitors by slashing the prices on its once-luxury vehicles.
Source: businessinsider.com
Tesla Singapore apparently offering discounts for cars in existing inventory
The move is in line with slashed prices seen in other regional markets, such as South Korea, China and Australia, by the electric carmaker.
Source: sgcarmart.com