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He'll probably cut prices again, to boost sales. This sets up a dangerous precedent as potential Tesla buyers start waiting on the next round of price cuts before buying. Which leads to more price cuts as people have learned he cuts prices to keep sales numbers up.AND the stock went down....BUT...as others have stated here, poor sales have NO reflection on stock price...
Buttigieg: Industry 'Moving Towards EVs' But We Can't Let 'Economically Smart Play' 'Happen on Its Own Pace'
On Tuesday's broadcast of the Fox News Channel's "America Reports," Transportation Secretary Pete Buttigieg stated that "the automotive sector is moving | Clipswww.breitbart.com
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What’s the saying?Elon's Disaster: Tesla's Q1 Deliveries Drop 8.5% amid Production and Competition Challenges
Elon Musk's Tesla reported an 8.5 percent year-over-year decline in deliveries for the first quarter of 2024, marking the company's first such drop since the pandemic-affected second quarter of 2020.www.breitbart.com