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Zenger
Zenger
Technology
Shanthi Rexaline

Is Elon Musk Doing More Harm To Tesla Than Good With Price Cuts?

Tesla Inc. Elon Musk Charlie Bilello Gary Black electric vehicle
An aerial view of Tesla Shanghai Gigafactory on March 29, 2021 in Shanghai, China. The electric vehicle pioneer made a series of price cuts early this year, sparking concerns about margins, as economic concerns affected demand for Tesla automobiles in 2022. XIAOLU CHU/GETTY IMAGES

After economic worries impacted demand for Tesla, vehicles in 2022, the electric vehicle pioneer announced a series of price cuts early this year, setting off margin worries.

A Tesla bull weighed in on a data point that casts a cloud on the efficacy of the price cuts.

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