Tesla Price Cuts Signal Growing Margin Malaise
January 31, 2023 at 13:45 PM EST
By Jan-Patrick Barnert and Sagarika Jaisinghani, Bloomberg Markets Live reporters and strategists Tesla Inc.’s move to slash prices across the US and major European markets has triggered similar cuts across the electric-vehicle sector — with Ford Motor Co. being the latest to follow suit today [ZH: as we said would happen] If other automakers and dealers match Tesla price cuts, […] Source