Tesla’s price war: cheaper cars expected to drive record sales
Tesla Inc investors are waiting to see how much Elon Musk’s price cuts will pay off: the electric vehicle (EV) maker is expected this weekend to report record sales as cheaper sticker prices, helped by U.S. subsidies, spurred demand. Musk’s action in January kicked off a price war that was especially heated in China, betting that Tesla’s industry-leading profit margins would let it rebuff growing competition and appease customers in a weak economy. Tesla may have handed over 430,000 vehicles in the quarter ended March 31, according to analysts’ estimates collected by Refinitiv.
The subsequent time I learn a blog, I hope that it doesnt disappoint me as much as this one. I mean, I know it was my choice to read, but I truly thought youd have one thing attention-grabbing to say. All I hear is a bunch of whining about something that you may fix in case you werent too busy in search of attention.
This is a topic close to my heart cheers, where are your contact details though?