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Tesla cuts vehicle prices in China, raising questions about profit margins and strategy amidst market saturation.

Tesla has introduced two cheaper versions of its Model S sedan and Model X SUV in the US with shorter driving ranges, the carmaker's website showed on Monday, continuing its focus on driving down costs to prioritise sales growth.

In his comments. yet, twitter's valuation has dropped to less than half that $44 billion sale price. at what point does all of this become unsustainable? >> what's unsustainable for someone worth like $180 to $200 billion? it's like the f. scotts fitzgerald line, the rich, they're very different than to you and me. he can make this $250 billion as a mega app like the ones they use in china. do you see yourself going to cvs and buying ben gay on an app that's an x? people like the model x, people like spacex. i'm not sure they're going to love twitter x. >> i think the x is a cancellation sign....

Twitter owner elon musk changed the bird to an "x." this is the sweeping rebrand of an everything app, banking and payments, too. keep in mind, elon musk acquired twitter and said yesterday that the company would bid adieu to the twitter bird. x.com directed you directly to twitter.com. and the tweets will be called xs. it's all part of elon musk's big rebrand. he loves "x," we know that with model x for cars and spacex, now twitter. >> kristina partsinevelos, thank you very much. the u.s. men with quarters that broke barriers. you see the five there. i want you to see one of them, the legen...

Elon Musk-run Tesla has recalled nearly 16,000 of its 2021-2023 Model S and Model X vehicles in the US because some front-row seat belts may not have been reconnected properly after being repaired. 📲 Tesla Recall: Nearly 16K Model S, Model X Vehicles Recalled over Seat Belt Issue.