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Tesla (TSLA) Rebounds on Model Y and 3 Price Cuts Despite Margin Pressure Ahead of Earnings

Reuters Read original source (opens in a new tab)
The Story

News Summary

  • Tesla cut prices on Model Y and Model 3 by $5,000 using cost-saving measures, trading short-term margins for volume growth amid declining regulatory credit profits and rising competition, ahead of its upcoming quarterly results.
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TSLA price history

358.97 -14.41% over the displayed period

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