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Zenger
Zenger
Technology
Shanthi Rexaline

FORGOTTEN HISTORY: Is elon musk doing more harm to tesla than good with price cuts - The Untold Story

An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in Shanghai, China. The electric vehicle pioneer made a series of price cuts early this year, sparking concerns about margins, as economic concerns affected demand for Tesla automobiles in 2022. XIAOLU CHU/GETTY IMAGES

After economic worries impacted demand for Tesla, vehicles in 2022, the electric vehicle pioneer announced a series of price cuts early this year, setting off margin worries.

A Tesla bull weighed in on a data point that casts a cloud on the efficacy of the price cuts.

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