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> Tesla cuts US prices for fifth time since January https://www.cnn.com/2023/04/07/business/tesla-cuts-prices/index.html https://www.cnn.com/2023/04/07/busines
by abraham 3y ago
> Tesla cuts US prices for fifth time since January
https://www.cnn.com/2023/04/07/business/tesla-cuts-prices/index.html https://www.cnn.com/2023/04/07/business/tesla-cuts-prices/in...
It seems like there is some effect or they probably wound't be cutting prices.
- LammyL 3y agoThey are cutting prices because they are cutting manufacturing costs. They are able to obtain the same margin after lowering the prices. The price cuts result in more sales.
- mardifoufs 3y agoThat would only be true if production had stagnated, which isn't the case. If they produce twice as many cars as they did last year, cutting prices does not mean that they are selling less due to the twitter takeover.