Tesla shares fall 9% as electric car company slashes prices

  • 📰 The Independent
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Elon Musk's firm cuts $2,000 off price of all models in US after Senate reduces green tax credits

 

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'If Elon Musk can't make Tesla profitable, there's little hope that electric cars will take over any time soon'Once a chief executive starts warning that a company might not be viable, you know something big has changed Tell that to every single car manufacturer. They’re all making electric cars. Sorry, I do not get the extrapolation that if Tesla can’t do it, no one else can. Scale up isn’t easy. They’ve never done it before, others have. Has he started getting overweight?
Source: The Independent - 🏆 80. / 59 Read more »

Tesla triples deliveries of electric cars but share price tumblesShares fall 9% as deliveries fall short of market expectation after Elon Musk’s company delivers 90,700 vehicles in fourth quarter Chasing subsidies that have ended.
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