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RE: Tesla Cutting Prices Again: A View Of What Is Going On

in LeoFinance3 years ago

If Tesla keeps cutting prices, the demand for Tesla vehicles with skyrocket and accelerate the push for more green energy charging stations. This may hurt Tesla's bottom end in the short term, but the long-term looks very positive for Tesla. The more aggressive they get with their pricing, the more likely traditional automakers will need to rapidly either slash their ICE vehicles or expand further into EV development.