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Tesla (TSLA) Rolls Out Cheaper Model 3 and Y Amid Rising EV Competition and Tax Incentive Loss

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The Story

News Summary

  • Tesla launches more affordable stripped-down Model 3 and Model Y variants to boost demand amid fading US tax incentives and increasing competition from affordable Chinese and legacy automaker EVs, but the price cuts offer only a short-term sales boost.
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TSLA price history

358.97 -14.41% over the displayed period

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