Tesla has made significant cuts to the costs of new electric vehicle models in the U.S., according new prices listed on its website.
: The latest price cuts, along with those in Germany, China and other Asian countries, add to the worries of a demand slowdown for Tesla at a time when investors are already casting doubt on Musk’s leadership abilities,have suggested price cuts could be welcome amid growing competition, especially as higher volumes could reduce production costs and make up for smaller margins.
On the other hand, growing competition could push the company into a pricing war with other EV startups, particularly in China.Tesla meeting" since taking over Twitter.
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