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Published 1 year ago by geoleo with 0 Comments
by geoleo
1 year ago

Tesla is cutting prices as other EV automakers charge a premium

The demand for EVs has not gone away, but the demand for Teslas has. Even after slashing prices and offering discounts for the first time, Tesla could not meet its sales targets and now has excess inventory. Other automakers, like Ford, are raising prices and are unable to meet customer demand.

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