Part 2/12:
Tesla’s recent price reductions, which have shaved approximately 4% off the stock and contributed to a nearly 20% decline year-to-date, are part of a strategic move to capture more market share. In the morning, Tesla stocks experienced a dip, but by the end of the day, they recovered substantial ground. This resilience points to investor confidence, possibly because of Tesla’s efficient cost structure, which is bolstered by the absence of traditional advertising and dealership costs.