Part 5/10:
Tesla is making strategic moves amid a backdrop of industry-wide price cuts and competitive pressures. Morgan Stanley reports that EV price reductions across China and other markets are not generating the demand response seen in previous cycles, suggesting consumers are waiting for further discounts. This cautious demand attitude is further supported by silent price cuts from competitors like BYD.
Meanwhile, traditional automakers such as General Motors are ramping up focus on cost reductions and robo-taxi development, albeit with mixed results. GM is reportedly burning through nearly two billion dollars at Cruise, and layoffs are ongoing at companies like Waymo, indicating a challenging environment for pure mobility services.