The goal for Tesla has always (at least officially) been to make a cheap electric car, but when their expensive cars sold out at almost any price it made sense

The goal for Tesla has always (at least officially) been to make a cheap electric car, but when their expensive cars sold out at almost any price it made sense to keep the price high and invest in production capacity. From what I can gather, this move is very much in line with a decade of communication from the company so I'm not convinced it's as desperate a move as many headlines insinuate. I could be wrong of course and either way the signal to the market is "we expect growth to slow down" which is seen as a disaster in our economic system no matter why it happens.